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Advanced Micro Devices Inc

U.S. bans export of more AI chips, including Nvidia H800, to China

by Sipho Sepamla
U.S. bans export of more AI chips, including Nvidia H800, to China

The U.S. Department of Commerce announced Tuesday that it plans to prevent the sale of more advanced artificial intelligence chips to China in the coming weeks. The U.S. government says …

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AMD acquires Nod.AI, AI startup as it seeks to catch up with Nvidia

by Sipho Sepamla
AMD acquires Nod.AI, AI startup as it seeks to catch up with Nvidia

Advanced Micro Devices CEO Lisa Su. Scott Mlyn | CNBC Advanced Micro Devices announced Tuesday it will acquire Nod.AI, an open-source artificial intelligence software startup, to expand the chipmaker’s AI …

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Here are all the portfolio moves the Club made in an oversold market

by Shen Ridenbaugh
Here are all the portfolio moves the Club made in an oversold market

With the stock market deeply oversold this week, we put cash to work by picking stocks across a range of sectors including energy, technology and materials. We also added a …

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Intel plans to IPO programmable chip unit within three years

by Merchant Moller
Intel plans to IPO programmable chip unit within three years

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on …

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How GlobalFoundries aims to remain world’s third-biggest chip foundry

by Sipho Sepamla
How GlobalFoundries aims to remain world’s third-biggest chip foundry

In its short 14-year history, GlobalFoundries has risen to become the world’s third-largest chip foundry. Based in upstate New York, GlobalFoundries isn’t a household name because it’s manufacturing semiconductors that …

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Stock Markets: Long-term prospects are uncertain

by Merchant Moller
Stock Markets: Long-term prospects are uncertain

People walk outside of the New York Stock Exchange (NYSE) in the financial district in Manhattan on June 14, 2022 in New York City. Spencer Platt | Getty Images News …

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Stock Markets: Long-term prospects look dim

by Merchant Moller
Stock Markets: Long-term prospects look dim

A pedestrian carries an umbrella while walking along Wall Street past the New York Stock Exchange in New York. Michael Nagle | Bloomberg | Getty Images This report is from …

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AMD stock pops after Microsoft CTO touts chipmaker’s AI products

by Merchant Moller
AMD stock pops after Microsoft CTO touts chipmaker’s AI products

Lisa Su, CEO, AMD Scott Mlyn | CNBC Shares of AMD rose 5% on Thursday, a day after Microsoft’s technology chief executive said the chipmaker is bolstering its position in …

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The 11 sectors that comprise the S&P 500 and the Club stocks in each

by Merchant Moller
The 11 sectors that comprise the S&P 500 and the Club stocks in each

The S & P 500 index measures the performance of 500 of the largest publicly traded companies on stock exchanges in the U.S. These companies span 11 different market sectors, …

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Arm is trading at a premium to Nvidia after IPO pop even though it’s a ‘no-growth company’

by Sipho Sepamla
Arm is trading at a premium to Nvidia after IPO pop even though it’s a ‘no-growth company’

Arm’s Nasdaq debut on Thursday looks good for SoftBank, who just spun the company out after acquiring it in 2016. But it’s a headscratcher for Wall Street. The UK-based chip …

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