Arm reports Q3 revenue up 19% YoY to $983M, vs. $946.7M est., royalty revenue up 23% YoY to $580M, and lowers is FY revenue guidance; ARM drops 5%+
Max A. Cherney / Reuters :
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 10%+
The company reported a GAAP loss … Josh Lamb / Proactive : Intel sinks as guidance disappoints Tobias Mann / The Register : Intel excited by PC sales pop and GPU prospects, but investors aren't becaus...
d-Matrix, which designs chips optimized for the “inference” part of AI processing, raised a $110M Series B led by Temasek, taking its total funding to $154M
Max A. Cherney / Reuters :
AMD Q1: revenue grew 71% YoY to $5.89B, including $2.8B from Computing and Graphics, up 33% YoY, and $2.5B from Enterprise, Embedded and Semi-Custom, up 88% YoY
Hey Global Investor! Steve Dent / Engadget : AMD teases new ‘Dragon Range’ CPUs for high-end gaming laptops Dylan Martin / The Register : AMD to offer CPUs with Xilinx AI engine in 2023 Wallace Witkow...
HP reports Q4 net revenue of $15.26B, down 1% YoY, vs. $14.71B est., with sales of notebooks up 18% YoY to $7.4B while desktops dropped by 28% YoY; stock up 5%+
This is the web version of Data Sheet, a daily newsletter on the business of tech. Jon Swartz / MarketWatch : HP shares jump 9% on record PC sales Max A. Cherney / Barron's Online : HP and Dell Both C...
Pandora beats with $384.8M in Q2 revenue, up from $378.8M YoY, a net loss of $92M, down from $289.7M YoY, reports ~6M subs to Pandora Plus and Pandora Premium
Max A. Cherney / MarketWatch : Tweets: @lamonicabuzz See also Mediagazer Tweets: Paul R. La Monica / @lamonicabuzz : Please don't stop the music. Pandora beat on revenue and reports smaller loss than...
Baidu's streaming video service iQiyi falls 13.6% in Nasdaq debut, closing at $15.55, down from opening price of $18
And Then Falls Jonathan Shieber / TechCrunch : Baidu's streaming video service iQiyi falls 13.6% in Nasdaq debut Bloomberg : Baidu's iQiyi Drops in Trading Debut After Raising $2.3 Billion Austen Huff...
Cardlytics, a financial data and marketing analytics startup, raises $70.2M in IPO, valued at ~$250M, closes 2.9% above $13 IPO price on first day of trading
Max A. Cherney / MarketWatch :