Lisa Su
AMD launches AI chip to rival Nvidia’s Blackwell
AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, AMD said Thursday during an event announcing the new product. If AMD’s AI chips are seen by […]
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CNBC Daily Open: Wall Street extends winning run
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you […]
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CNBC Daily Open: Wall Street extends winning run
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you […]
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AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus | Reuters Advanced Micro Devices on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to […]
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Nvidia shares soar 11% after Microsoft quells fears that AI buildout is too fast
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Nvidia shares popped more than 11% Wednesday after remarks from top customer Microsoft and rival chipmaker AMD signaled no slowdown in the multi-billion […]
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AMD claims it will provide $4 billion in AI chips this calendar year, but inventory drops
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor for the duration of a keynote deal with at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus | Reuters AMD reported initial-quarter earnings and revenue on Tuesday that were being a little bit ahead of Wall Road […]
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AMD shares tumble as very first-quarter forecast comes in mild
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus | Reuters AMD described fourth-quarter earnings on Tuesday that had been in line with analyst expectations, though the company’s profits defeat estimates, but AMD […]
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AMD stock spikes right after firm launches AI chip to rival Nvidia
Lisa Su displays an AMD Intuition MI300 chip as she provides a keynote handle at CES 2023 in Las Vegas, Nevada, Jan. 4, 2023. David Becker | Getty Photos AMD shares rose 9.9% on Thursday to shut at $128.37, marking the stock’s ideal working day since Could and the highest shut because June. The surge […]
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Meta and Microsoft say they will acquire AMD's new AI chip as an option to Nvidia
Lisa Su shows an ADM Intuition M1300 chip as she provides a keynote address at CES 2023 at The Venetian Las Vegas on January 04, 2023 in Las Vegas, Nevada. David Becker | Getty Photographs Meta, OpenAI, and Microsoft said at an AMD investor party on Wednesday they will use AMD’s latest AI chip, the […]
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Nvidia stock closes at all-time higher, a day prior to earnings
Shares of Nvidia closed up 2.3% at an all-time higher of $504.20 on Monday. The record arrives ahead of the firm’s fiscal 3rd-quarter success on Tuesday, when analysts are expecting to see profits expansion of more than 170%. If which is not astounding plenty of, the firm’s forecast for the fiscal fourth quarter, according to […]
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