Tag: AMD

Finance Tech, Trading

Why this rate-driven sell-off is hitting tech stocks hardest

March 5, 2021


What’s behind the drop in tech stocks? A model Wall Street uses to value stocks is flashing caution. Tech stocks are in a correction. The Nasdaq 100, the largest 100 nonfinancial stocks in the Nasdaq, is 10% off the historic […]


AMD shares are surging with bitcoin because digital-currency ‘miners’ need its graphics cards

June 7, 2017


AMD shares rose as much as 7 percent Tuesday after the company revealed the dramatic jump in digital currency prices is driving demand for its graphics cards. The stock was the top performer in the S&P 500 on the day. […]


Shares of AMD fall for second day after new processor disappoints on gaming

March 6, 2017


Advanced Micro Devices shares fell for a second-straight day after the firm’s new Ryzen line of desktop processors disappointed gamers. “The [Ryzen] 1800X lags behind its Intel counterparts in gaming, regardless of whether it’s running at the same clock speed […]

Enterprise, Industries

AMD shares soar after lower-than expected loss, improved forecast

February 2, 2017


Advanced Micro Devices’ shares surged after the company reported smaller-than-expected losses and predicted strong revenue for the first quarter. The computer chip manufacturer reported quarterly revenue of $1.11 billion in a report released Tuesday, beating the Thomson Reuters estimate of […]