By Rashika Singh (Reuters) -Shares of chip company Advanced Micro Devices and server maker Super Micro Computer tumbled in early trading on Wednesday after the companies posted underwhelming results in their data center segments, shaking investor confidence in their AI growth narratives and competitive positions. AMD dropped 5.1%, while Super Micro plummeted about 18.2%. The selloff comes as both companies …
Read More »AMD, Super Micro shares slide as AI bets falter on data center results miss Reuters AMD reports weaker-than-expected earnings even as revenue tops estimates CNBC AMD stock falls more than 6% on disappointing Q2 data center results Yahoo Finance Advanced Micro Devices Logs Higher Profit, Sales The Wall Street Journal AMD CEO Says She Sees ‘Positive Signals,’ Easing Investor Fears Bloomberg.com Source link
Read More »
MIAMI (AP) The New York Yankees released veteran right-hander Marcus Stroman on Friday, a day after making a flurry of moves at baseball’s trade deadline. The Yankees acquired All-Star relievers David Bednar and Camilo Doval, as well as utilityman José Caballero in separate trades Thursday. New York also optioned right-handers Ian Hamilton and Yerry de los Santos to Triple-A Scranton/Wilkes-Barre …
Read More »
The Portland Trail Blazers fell 96-86 to the Memphis Grizzlies on Saturday in the second game of Portland’s NBA Summer League slate. The Blazers led for most of the game, but could never fully separate from Memphis. That allowed the Grizzlies to go on a massive 20-3 run in the fourth quarter to gain a double-digit lead before fending off …
Read More »