AMD CEO Lisa Su says AMD's annual revenue growth will average more than 35% and AI data center revenue growth will average 80% over the next three to five years
Lineup confirms 2026 release for Zen 6, coming with expanded AI features Samantha Subin / CNBC : AMD stock soars 10% on strong growth projections as CEO Su calls AI spending ‘the right gamble’ Kara Gr...
The price per token for AI models has fallen, but costs for developers are rising as newer reasoning models require more tokens to complete tasks
With models doing more ‘thinking,’ the small companies that buy AI from the giants to create apps and services are feeling the pinch X: @ericjhonsa , @emollick , @mims , @mims , @mims , @mims , and @m...
Source: TSMC is considering a controlling stake and fully operating Intel's US factories after a Trump team request, as Trump aims to boost US manufacturing
www.bloomberg.com/news/article... @cdmasterzang : Make Taiwan Great Again! X: Scott Lincicome / @scottlincicome : “Intel's foundry operation lost more than $13 billion on $17.5 billion in revenue last...
Dozens of sources share how Intel CEO Pat Gelsinger fumbled the company's revival, including offending TSMC with Taiwan comments and losing a deep TSMC discount
Forget having the wrong fab and SKUs and now having to try to claw back so much market share: where's their vaunted organizational IQ? — Intel's market cap is down 66% but even that is on past glory...
AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025
chipmaker strengthens AI ecosystem with ZT Systems' expertise in server design Josh Norem / ExtremeTech : AMD Acquires AI Infrastructure Company ZT Systems for $4.9 Billion Diana Goovaerts / Fierce Ne...
Micron reports Q3 revenue up 82% YoY to $6.81B, vs. $6.67B est., a $332M net income, and forecasts Q4 revenue in line with est.; MU drops 6%+
but the stock slides Wajeeh Khan / Bitcoin Insider : Micron beats Street estimates in Q3 on continued AI demand Proactive : Micron 3Q earnings beat but shares tumble as revenue guidance fails to meet ...
Meta's stock drops 10%+ on weak Q2 revenue guidance and increasing FY 2024 capital expenditures from $30B-$37B to $35B-$40B due to AI infrastructure investments
should investors consider buying? Kathleen Gallagher / Business Post : Shares in Meta plummet as it forecasts spending spree TJ Denzer / Shacknews : Facebook (META) issues Q2 2024 revenue guidance bel...
Meta reports Q2 revenue up 11% YoY to $32B, net income up 16% YoY to $7.79B, and family daily active people up 7% YoY to 3.07B for June 2023; META jumps 10%+
but most of the new users came from outside the US and Canada Karissa Bell / Engadget : Meta had its best quarter since 2021 despite losing more money on the metaverse Abubakar Idris / The Messenger :...
As of Friday's close, Netflix had a $99.2B market cap, down from $300B+ in November 2021; Meta had a $532.6B market cap after passing $1T in June 2021
and gives the stock serious upside Shivdeep Dhaliwal / Benzinga : Facebook Parent Main Emerging Player In Metaverse Alongside Apple; Goldman Analysts See 89% Upside Tweets: Eric Jhonsa / @ericjhonsa :...
Snap reports Q1 revenue of $1.06B, up 38% YoY, vs. $1.07B est., global DAUs up 18% YoY to 332M vs. 330M est., and net loss up 25% YoY to $360M
if SNAP can catch a bid on those numbers in spite of its current sales/EPS multiples (faster user/revenue growth, but still), that suggests OK numbers from FB would be received quite well. Casey Neist...