advanced micro devices

 Nvidia Corp. co-founder Jensen Huang's wealth has surged as a blistering rally in AI-related stocks pushed the chipmaker's market value above Amazon.com Inc.'s for the first time.  The same rally has minted another billionaire in Huang's own family: his distant cousin Lisa Su, chief executive officer of Nvidia competitor Advanced Micro Devices Inc., who's worth $1.2 billion after the stock doubled over the past year. Two chipmaker billionaires in one family illustrates the scope of the artificial intelligence craze,…

Journal Reports: LeadershipWhat’s New in the Best Managed Companies Rankings in 2023By Rick Wartzman , and Kelly TangDecember 13, 2023 at 1:02 PM ETThe main difference: a new metric that measures how well companies foster career mobility. Journal Reports: LeadershipWhat’s New in the Best Managed Companies Rankings in 2023By Rick Wartzman , and Kelly TangDecember 13, 2023 at 1:02 PM ETThe main difference: a new metric that measures how well companies foster career mobility. FOLLOW US ON GOOGLE NEWS Read original…

This year's AI stock frenzy has papered over cracks in the semiconductor market. Beyond the enthusiasm for the likes of Nvidia Corp. and Advanced Micro Devices Inc., it's a mixed picture for investors.  Recent earnings pointed to slumping industrial and networking chip markets, while some on Wall Street are bracing for the impact of a potential economic slowdown on automobile chips. On the flip-side, smartphone components and personal computers look set for recovery, according to Samsung Electronics Co. and Intel Corp.…

Advanced Micro Devices on Tuesday forecast a strong finish to the year, driven by the planned launch of artificial intelligence chips that could compete with Nvidia semiconductors.AMD shares rose about 3 percent in after-hours trading.CEO Lisa Su said AMD is set to ramp up production of its flagship MI300 artificial intelligence chips in the fourth quarter. The accelerator chips, which are in short supply, are designed to compete against the advanced H100 chips already sold by Nvidia.Su said customer interest in the MI300…

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Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking. Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking. 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…

The chip company ended trading Tuesday with a valuation of more than $1 trillion, becoming the seventh U.S. company to reach that status. The chip company ended trading Tuesday with a valuation of more than $1 trillion, becoming the seventh U.S. company to reach that status. 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…

That hurdle is Nvidia, which has a very strong head start in the AI market having spent years developing the underlying software code and other key technologies. That hurdle is Nvidia, which has a very strong head start in the AI market having spent years developing the underlying software code and other key technologies. 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…

Listen to article(2 minutes)Pat Gelsinger is keenly aware he must act fast to stop Intel from becoming yet another storied American technology company left in the dust by nimbler competitors.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to article(2 minutes)Pat Gelsinger is keenly aware he must act fast to stop Intel from becoming yet another storied American technology company left in the dust by nimbler competitors.Copyright ©2023Dow Jones & Company,…

Rivals such as Nvidia have left the chip company far behind. CEO Pat Gelsinger aims to reverse firm’s fortunes by vastly expanding its factories. Rivals such as Nvidia have left the chip company far behind. CEO Pat Gelsinger aims to reverse firm’s fortunes by vastly expanding its factories. 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…