Tag: Advanced Micro Devices

May 02, 2024 BY Elizabeth Anderson

Chip Stock Sell-off After Disappointing AMD And Super Micro Results

AMD’s GAAP quarter-over-quarter revenues dipped by 11% and, according to Reuters, SMCI’s revenue dropped by 16%. Super Micro Computer’s stock jumped by 150% earlier this year and outstripped Nvidia Corporation (NVDA) (the frontrunner in the chipmaking sector) gains at certain times. Queries about a new range of servers contributed to the bleak SMCI Q3 performance…

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March 25, 2024 BY Elizabeth Anderson

China to Stop Using Intel and AMD Chips in Government Devices

The country also wants to sidestep Windows, Microsoft Corporation’s (MSFT) widely used operating system, and other internationally produced database software. The guidelines reportedly stipulated that all government bodies above the “township level” must adapt their procurement criteria to ensure that they acquire only “safe and reliable” microchips and software. In December 2023, China’s Ministry of…

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