AMD secures EU approval for $4.9bn ZT Systems acquisition, aimed at strengthening data center AI strategy
Advanced Micro Devices, Inc. (AMD) has received regulatory approval from the European Commission to proceed with its acquisition of ZT Group International, Inc. (ZT Systems), ... Read More
AMD earnings report highlights record Q4 revenue as AI chip demand surges
Advanced Micro Devices (NASDAQ: AMD) closed 2024 on a strong note, reporting record-breaking fourth-quarter revenue, fueled by growing AI chip demand and a surge in ... Read More
AMD slashes 4% of workforce amid strategic pivot to AI dominance
In a decisive move to bolster its position in the competitive artificial intelligence (AI) sector, Advanced Micro Devices has announced a 4% reduction in its ... Read More
Astera Labs surges to record high after smashing Q3 earnings expectations
Astera Labs, the Santa Clara-based semiconductor powerhouse, is making waves in the tech industry after reporting an outstanding third-quarter earnings performance. The company's robust financials ... Read More
Is Qualcomm pushing for Intel acquisition?
In what may become one of the largest acquisitions in the technology sector, Qualcomm is reportedly eyeing a full takeover of Intel. Qualcomm, a leader ... Read More
Nvidia loses $279bn in a day! DOJ antitrust probe sends shockwaves through the market
Nvidia, the leading AI chipmaker, is facing a steep decline in its market capitalization, now valued at approximately $2.02 trillion. This comes as the United ... Read More
Intel’s bold move to split its business sends shockwaves through the chip industry
Intel Corporation's stock has seen a sharp rise as the company explores drastic strategic options, offering a ray of hope to its beleaguered investors after ... Read More
AMD to boost AI capabilities with $4.9bn acquisition of ZT Systems
Advanced Micro Devices, Inc. (AMD) is poised to strengthen its position in the artificial intelligence (AI) sector through the acquisition of ZT Systems, a prominent ... Read More