Amd

Intel launches Arc B580 & Arc B570 ‘Battlemage’ graphics cards, to take on AMD & NVIDIA's midrange GPUs

While the Battlemage GPUs show promise, they face a challenging market dominated by NVIDIA and AMD. Intel has priced its cards very aggressively and included features like higher VRAM, but the GPU market’s rapid price adjustments could erode its edge

Intel’s CEO Pat Gelsinger's forced exit may lead to new discussions on chipmaker's sale to partners, rivals

Under Pat Gelsinger as CEO Intel pursued some radical cost-cutting measures, including job cuts, paused plant construction in Europe, and a suspension of its dividend. However, a poor earnings report in August, including a surprise loss, pushed the board to consider more drastic moves

Intel CEO Pat Gelsinger forced to retire after 40 years at the company, as chipmaker continues to struggle

Intel's board lost confidence in CEO Pat Gelsinger's leadership following a recent meeting that scrutinised the company's performance and strategic plans. Because of the meeting, Gelisnger was presented with two choices — either to resign or be removed. Gelsinger opted to step down

Intel’s CHIPS Act funding reduced from $8.5 billion to $7.85 billion because of recent military contract

Intel, the largest recipient of CHIPS Act funding, is facing mounting scrutiny over its ability to deliver on its commitments, particularly as it navigates financial struggles and extended project timelines

China retaliates against US tech sanctions, bans use of Intel and AMD CPUs, GPUs in government computers

In response to growing sanctions on tech products from US and its allies, China has unveiled new guidelines that effectively bans Intel and AMD products from computers on government operated networks and systems

AMD stocks at all-time high, market cap crosses $300bn mark, trading at higher multiple than NVIDIA

With the recent surge in the Nasdaq index, AMD's stock price is at an all time high as its market cap breached the $300bn mark for the first time. AMD's stock is trading at a high multiple of nearly 50 times its estimated earnings, making it significantly more expensive than industry leader NVIDIA

AMD, like Intel, hopes to sell a ton of AI Chips, but expects revenue to take a hit, reveals earnings call

Major chip makers like AMD and Intel expect to sell a ton of computer processors and more of AI chips. However, they also expect their revenue to take a hit this year as they mount a challenge to NVIDIA's dominance in AI and data centre chips

AI High: NVIDIA, AMD shares jump to a new high, analysts optimistic about AI hardware

NVIDIA and AMD stocks saw a major rise in its value over the course of the week. NVIDIA's stock saw a 3% surge to $563.65, reaching a new record high. At the same time AMD witnessed a robust 7.5% increase, reaching a stock price of $157.57, their highest in two years

AI Chips a $45 billion industry in 2023, believes AMD, hedges massive bets on the sector

AMD believes that AI Chips was a $45 billion industry in 2023, and that next year, they will be selling at least $2 billion worth of AI chips for data centres. AMD also believes that AI Chips for data centres will be at least a $400 billion market

India’s Techade: AMD opens its largest global design centre in Bengaluru in a major boost for India Semicon

As part of its plan to invest $400 million over the next five years in India, AMD has built its largest R&D centre in Bengaluru, called Technostar research and development campus