Chip designer Nvidia Corp this week said the United States told it to restrict exports to China of two computing chips for artificial intelligence work, the latest move in a broader government effort to hamper China's access to the most sophisticated semiconductors.
Stock markets finally came back to life on Thursday, as major market benchmarks recovered from substantial losses early in the session. The Nasdaq Composite (NASDAQINDEX: ^IXIC) still lost ground, but the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^
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The United States beefed up its effort to cut off the flow of advanced technology to China by instructing Nvidia Corp and Advanced Micro Devices to stop sending their flagship artificial intelligence chips there.
The United States beefed up its effort to cut off the flow of advanced technology to China by instructing Nvidia Corp and Advanced Micro Devices to stop sending their flagship artificial intelligence chips there.
The S&P 500 managed to eke out a slight gain on Thursday to snap a four-session losing skid thanks to a late rally as investors eyed a key report on the labor market on Friday.
Advanced Micro Devices AMD recently announced that its AMD Pensando Distributed Services Card is selected as the first data processing unit (DPU) solution to support VMware’s VMW vSphere 8, also procurable from leading server vendors like Dell Technologies DELL, HPE and L
U.S. stocks were lower for a fifth straight session on Thursday as the latest signs the labor market remains robust solidified expectations the Federal Reserve will remain aggressive in hiking interest rates even at the risk of a potential recession.
U.S. chip stocks tumbled on Thursday, with the main semiconductor index down more than 3% after Nvidia and Advanced Micro Devices said U.S. officials told them to stop exporting cutting-edge processors for artificial intelligence to China.
Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) each made announcements on Wednesday that the U.S. had effectively banned them from exporting their most-advanced artificial intelligence (AI) chips to China. The stocks fell in yesterday's after-hours trading followi
U.S. stock indexes slid for the fifth straight session on Thursday as fresh signs of a tight labor market raised expectations of an aggressive approach by the Federal Reserve, lifting bond yields and pressuring growth stocks.
Investors in Advanced Micro Devices Inc (Symbol: AMD) saw new options become available today, for the October 14th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AMD options chain for the new October 14th contracts and identified one p
It has been about a month since the last earnings report for Advanced Micro Devices (AMD). Shares have lost about 13.5% in that time frame, underperforming the S&P 500.
U.S. stock indexes fell for the fifth straight session on Thursday as fresh signs of a tight labor market raised bets in favor of the Federal Reserve's aggressive approach, lifting bond yields and pressuring growth stocks.
Today's video focuses on Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and how the United States government has recently imposed a new license requirement for specific products, effective immediately, for any future exports to China and Russia. Nvidia has already i
U.S. stocks ended lower for the fourth-consecutive session on Wednesday, the last trading day of the month, to record the weakest August performance in years as concerns over steep interest rate hikes once again made investors jittery. All three major indexes ended in neg
The Dow Jones Industrial Average is having a banner year compared to either the S&P 500 or the Nasdaq Composite, down 11% year to date compared to losses of 14% and 22%, respectively, for the other indexes. While those two have been in official bear market territory (and the
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