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Top related persons:
Stephen Nellis - 2 Dado Ruvic - 1 Qualcomm - 1 MediaTek - 1 FactSet - 1 Chavi Mehta - 1 Richard Chang - 1 Lisa Su - 1
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San Francisco San Diego , California Bengaluru San Francisco , U.S Santa Clara , California Bergamo
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REUTERS - 2 Thomson - 2 Qualcomm - 1 Wall - 1 Apple - 1 LSEG - 1 Huawei Technologies - 1 U.S . - 1

Search resuls for: "Stephen Nellis Chavi Mehta"


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☆ Qualcomm forecasts beast estimates, shares rise as smartphone slump eases
  + stars: | 2023-11-01 | by ( Stephen Nellis Chavi Mehta | Stephen Nellis | Chavi Mehta | ) www.reuters.com   time to read: +3 min
Chipmakers have been grappling with a smartphone market slump. Last week, Qualcomm rival MediaTek (2454.TW) said it saw sales growth in its smartphone chip business. Qorvo (QRVO.O), another important smartphone chip supplier, on Wednesday projected revenue growth for fiscal 2024, sending its shares up slightly. In Qualcomm's intellectual property licensing business, sales of $1.26 billion were in line with estimates of $1.25 billion according to FactSet data. In its chip business, Qualcomm said fourth-quarter revenue from smartphone handsets was $5.46 billion, beating analysts' expectations of $5.34 billion according to FactSet data.
Persons: Dado Ruvic, Qualcomm, MediaTek, FactSet, Chavi Mehta, Stephen Nellis, Richard Chang Organizations: Qualcomm, REUTERS, Wall, Apple, LSEG, Huawei Technologies, U.S ., Samsung Electronics, IDC, Microsoft, Thomson Locations: San Diego , California, Bengaluru, San Francisco
☆ With no big customers named, AMD's AI chip challenge to Nvidia remains uphill fight
  + stars: | 2023-06-13 | by ( Stephen Nellis Chavi Mehta | Stephen Nellis | Chavi Mehta | ) www.reuters.com   time to read: +4 min
She spoke following a keynote presentation in San Francisco during which Su showed an AI system on the MI300X chip writing a poem about the city. "The more memory that you have, the larger the set of models" the chip can handle, Su said. But unlike past presentations where AMD has talked up a major customer for a new chip, AMD did not say who will adopt the MI300X or a smaller version called the MI300A. Nvidia, whose shares have surged 170% so far this year, dominates the AI computing market with a market share of 80% to 95%, according to analysts. Aside from the AI market, AMD said it has started shipping high volumes of a general purpose central processor chip called "Bergamo" to companies such as Meta Platforms (META.O).
Persons: Lisa Su, Dave Brown, Stephen Nellis, Su, We've, Kevin Krewell, Alexis Black Bjorlin, Nvidia's, Chintala, Sag, Leslie Adler, David Gregorio, Nick Zieminski, Mark Porter Organizations: AMD, Amazon Web, REUTERS, Devices Inc, Nvidia Corp, Reuters, Nvidia, TIRIAS Research, Intel Corp, Systems, SambaNova Systems, Google, Facebook, Nvidia's, Meta, Moor, Thomson Locations: San Francisco , U.S, Santa Clara , California, San Francisco, Bergamo
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