Ambarella stock climbs after strong Q3 earnings, edge AI revenue soars

Pallavi Madhiraju- November 27, 2024 0

Ambarella, Inc. saw its stock price surge nearly 14% on Wednesday, reaching $78.04, after the semiconductor company delivered third-quarter earnings that surpassed Wall Street’s expectations. ... Read More

AMD slashes 4% of workforce amid strategic pivot to AI dominance

Pallavi Madhiraju- November 15, 2024 0

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

Pallavi Madhiraju- November 6, 2024 0

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