Advanced Micro Devices Inc

Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC's San Francisco bureau on November 21, 2019.Jacob Jimenez | CNBCThe big winner for investors this year in the generative AI boom has been Nvidia. The company's stock price rocketed 234% as demand soared for the chipmaker's processors that are designed to handle the hefty compute loads required to train and run large language models.The LLMs from Microsoft-backed OpenAI and others relying on Nvidia's technology can turn users'…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. Trimming tech Watch Constellation Brands Stick with Ford 1. Trimming tech, as Nasdaq climbs Equities were mixed Tuesday morning, even as positive sentiment around artificial intelligence continued to pull the tech-heavy Nasdaq Composite higher. After a big run in our tech stocks — led last week by AI powerhouse Nvidia (NVDA) — we decided to trim our positions in Advanced…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. Fed decision day Sit tight on Estee Lauder Earnings roundup: AMD, SBUX, F 1. Fed decision day Equities were mixed Wednesday morning ahead of the Federal Reserve's announcement on interest rates this afternoon. Wall Street widely expects the central bank to raise the benchmark borrowing rate by another 25 basis points . But investors will be closely watching any signals…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. Equities under pressure Watch Morgan Stanley Earnings on deck 1. Equities under pressure Stocks fell Tuesday morning, with all three major U.S. benchmarks down more than 1% . The drop comes as investors look to decisions on interest-rate hikes from the Federal Reserve and European Central Bank this week. Both central banks are expected to raise rates by at least 25 basis…

Taiwanese chipmaker TSMC is expected to post a 5% fall in first-quarter net profit, with global economic woes denting demand for semiconductors used in everything from cars to advanced computing extending into the current quarter. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc supplier, is likely to report net profit for the January-March period of T$192.5 billion ($6.30 billion), down from T$202.7 billion a year earlier, according to the average of 21…

Western companies were quick to shutter operations in Russia after the country's military invasion of Ukraine last February. But U.S. and European microelectronic tech continues to power the Kremlin's war.Key components from more than a dozen Western countries have been found in the military equipment used by Russian forces in Ukraine, according to research from the British academic journal Royal United Services Institute. A separate report from the nonprofit research group Conflict Armament Research analyzed the…

Peloton got a jolt from a better-than-expected quarterly revenue. Foot Locker rose after a Credit Suisse upgrade. Peloton got a jolt from a better-than-expected quarterly revenue. Foot Locker rose after a Credit Suisse upgrade. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…

Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland on August 10, 2022.Jakub Porzycki | Nurphoto | Getty ImagesCheck out the companies making headlines in after hours trading.Snap – Shares of social media company Snap sank 14% after the company reported quarterly revenue that was lower than Wall Street expected. Adjusted earnings per share were $0.14 on revenue of $1.30 billion. Analysts expected $0.11 in adjusted earnings on $1.31 billion in…

Traders on the floor of the NYSESource: NYSEHere are the most important news items that investors need to start their trading day:1. Rally faces tests this weekThe January rally has hung in there, weathering a mixed bag of earnings reports and forecast cuts, as well as some soft economic data. This week it will run into some big tests, given the earnings schedule dominated by big tech names (more on that below) and the Federal Reserve's next moves. The Fed's policy-setting committee meets Tuesday and Wednesday. Market…

CNBC's Jim Cramer on Friday said that Wall Street's recent gains could continue next week depending on the Federal Reserve's actions."A decision not to raise rates at all might show too much weakness. A quarter-point with a statement that they'll remain vigilant will allow the bulls to party on," he said.The central bank is set to conclude its first meeting of the year on Wednesday, which Wall Street largely expected to beget a quarter-percentage point interest rate hike. Cramer said he'll also have his eye on the January…