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David Paul Morris | Getty Images News | Getty ImagesThe iPhone could have had an Intel chip inside. It would've made sense to use Intel chips, which ran on the best desktops at the time, including Apple's Macs. Braithwaite, who worked at Intel in the 1980s, said Intel's process engineers were the company's "crown jewels." Intel doesn't have a GPU competitor to Nvidia's AI accelerators, but it has an AI chip called Gaudi 3. For comparison, AMD expects about $2 billion in annual AI chip revenue.
Persons: Pat Gelsinger, Seth Wenig, Gelsinger, Biden, Nicholas Braithwaite, Akshara Bassi, It's, Steve Jobs, David Paul Morris, Apple, Paul Otellini, Walter Isaacson's, Otellini, Isaacson, Jobs, Apple didn't, Apple —, TSMC, Mikako Kitagawa, Joe Biden, Brendan Smialowski, Braithwaite, Gordon Moore, Moore's, Brian Krzanich, 7nm —, TSMC didn't, Jensen Huang, Josh Edelson, OpenAI, Gaudi, Intel's, it's, Bassi, CNBC's Jon Fortt Organizations: Intel, Taiwan Semiconductor Manufacturing Company, Nvidia, Micro Computer, Qualcomm, Broadcom, Texas Instruments, AMD, Apple, Celesta, Meta, Microsoft, Getty, Samsung, Gartner, Asus, AFP, Semiconductor, Engineers, SAP Center, Afp, Companies, Blackwell, Habana Labs, Gaudi, FactSet, U.S Locations: New York, American, U.S, Chandler , Arizona, California, San Jose , California, Taiwan, Columbus , Ohio
New York, New York CNN —Dynabook Americas, the company formerly known as Toshiba, has recalled 15.5 million Toshiba laptop AC adapters over potential burn and fire hazards. The company said it received 679 reports of the recalled AC adapters overheating or catching on fire, melting and burning, including 43 reports of minor burn injuries. The recall applies to AC adapters sold both alongside Toshiba personal laptop computers and sold separately, with date codes ranging between April 2008 through December 2012. Toshiba was once a leading player in the laptop market but now makes up about 1%, according to market research firm Gartner. AC adapters made headlines years ago for risks around heating up quickly and catching on fire.
Persons: , Mikako Kitagawa, ” Kitawgawa Organizations: York , New York CNN, Dynabook, Toshiba, Gartner, Lenovo, HP, Dell, Apple Locations: York , New York, Dynabook Americas, China, Canada
The company's client solutions group, which includes its consumer and enterprise personal computer business, posted revenue of $12.28 billion for the third quarter, a near 11% fall compared to a year earlier. However, Dell has more impact than its competitors due to the weakness in the business PC market, which is a core market (for the company)," said Mikako Kitagawa, analyst at Gartner. Dell's servers and networking business revenue was up 9% from the second quarter, fueled by customer interest in generative artificial intelligence, Chief Operating Officer Jeff Clarke said. Revenue for the third quarter came in at $22.25 billion for Dell, missing estimates of $23 billion, according to LSEG data. The PC market is expected to bank on demand from AI boost, according to research firm Canalys, as it projects adoption of AI-capable PCs to accelerate from 2025 onward, with such devices accounting for around 60% of all PCs shipped in 2027.
Persons: Brendan McDermid, lockdowns, Dell, Mikako Kitagawa, Jeff Clarke, Harshita Mary Varghese, Maju Samuel Organizations: Dell, Dell Inc, REUTERS, UNITED STATES, Dell Technologies, Gartner, Nvidia, Revenue, Intel, AMD, Thomson Locations: New York
The logo for Dell Technologies Inc. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid Acquire Licensing RightsAug 31 (Reuters) - Dell Technologies (DELL.N) raised its full-year forecast for revenue and profit on Thursday, as it benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products after a months-long slump. "AI is already showing it's a long-term tailwind, with continued demand growth across our portfolio," Chief Operating Officer Jeff Clarke said. The company forecast third-quarter revenue between $22.5 billion and $23.5 billion beating analysts' estimates of $21.67 billion, according to Refinitiv data. Dell reported second quarter revenue and EPS above analyst estimates.
Persons: Brendan McDermid, Jeff Clarke, Dell, Mikako Kitagawa, Zaheer Kachwala, Shailesh Organizations: Dell Technologies Inc, New York Stock Exchange, REUTERS, Dell Technologies, Cisco, Nvidia, Big Tech, Dell, Revenue, Gartner, HP Inc, Thomson Locations: New York, U.S, , Texas, China, Bengaluru
AMD's lackluster forecast sparks selloff in shares
  + stars: | 2023-05-03 | by ( Tiyashi Datta | ) www.reuters.com   time to read: +2 min
The stock fell more than 6% in early trading and was set to erase nearly $9 billion in market value. Intel, whose shares rose last week on a more upbeat PC market outlook, gained more than 2%. The PC market has been in a slump for the past few quarters after a demand surge during the pandemic, while data center spending has also slowed as the economic outlook worsens. AMD, whose smaller and more efficient data center chips had helped it take market share from Intel last year, missed estimates for both PC and data center chip sales in the first quarter. "AMD results were more vulnerable (to the PC slump) than Intel's because most AMD-based PC customers were consumers.
"AMD results were more vulnerable than Intel's because most AMD-based PC customers were consumers. In contrast, Intel had a significant share in the business PC segment," said Mikako Kitagawa, analyst at research firm Gartner. "The results reflect a weaker consumer PC segment than the business PC segment." Order cuts by networking equipment makers have also cast a shadow over demand for products by Xilinx, the data center and networking chip company AMD acquired last year. Data center segment revenue was flat at $1.30 billion during the quarter.
In 2012, the Surface with Windows RT, later named Surface RT, was more than just a touchscreen slab like Apple's iPad. The inaugural Surface, the Surface RT running Windows RT, boasted clever physical attributes. Microsoft Surface with Windows 8 Pro Source: Microsoft.comIn 2013 Microsoft brought out the Surface RT's more expensive and more powerful sibling, the Surface Pro. He bought a Surface Pro 3 and then a Surface Pro 7. If someone buys the Surface Pro 7 for a good price, he'll upgrade to the Surface Pro 9, which has a larger display.
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