Tag: Advanced Micro Devices

Nvidia’s stock market value hits trillion on AI dominance

Nvidia’s stock market value hits $4 trillion on AI dominance

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Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street’s most-favored stocks. Shares of the leading chip designer rose as much as 2.8% to an all-time high of $164.42, benefiting from an ongoing […]

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AMD says data center boom will boost revenue; shares rise

AMD says data center boom will boost revenue; shares rise

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The company said it expects revenue of about $6.5 billion, plus or minus $200 million for the current quarter. The company said it expects revenue of about $6.5 billion, plus or minus $200 million for the current quarter. Advanced Micro Devices Inc on Tuesday forecast stronger-than-expected full year and second-quarter revenue, with the data centre […]

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