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Search resuls for: "Stacy Rasgon"


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☆ AMD shares rise as chipmaker sees data center strength cushioning PC slowdown
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +2 min
"We expect AMD's share gains to continue, as the company's upcoming, next-generation server CPUs are expected to outperform Intel’s lineup across price/performance metrics," YipitData analyst Nathaniel Harmon said. Reuters GraphicsThe PC industry, reeling from a downturn after its pandemic boom, pressured AMD's earnings and the company also lost market share there to Intel. A recovery in the business seems distant, with Chief Executive Lisa Su saying that AMD expects the PC market will decline by another 10% in 2023. Some analysts, however, said the company was undershipping products even in a weak market and could see some upside next year. Reporting by Akash Sriram and Chavi Mehta in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.
☆ AMD misses but still ekes out 29% revenue growth
  + stars: | 2022-11-01 | by ( Jordan Novet | ) www.cnbc.com   time to read: +5 min
AMD has been preparing for the PC market to be lackluster in the fisacl fourth quarter, AMD CEO Lisa Su said on a conference call with analysts. AMD said its Data Center segment generated $1.61 billion in revenue in the fiscal third quarter, up 45% and slightly below the StreetAccount consensus of $1.64 billion. AMD plans to launch Epyc data center chips on Nov. 10. During the quarter AMD announced Ryzen 7000 desktop PC chips, and AMD pointed to positive reviews of the products. All four of the segments delivered slightly more revenue than AMD had said to expect in its October warning.
☆ Stacy Rasgon: Memory caps and supercomputer companies will face headwinds from China restrictions
  + stars: | 2022-10-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStacy Rasgon: Memory caps and supercomputer companies will face headwinds from China restrictionsStacy Rasgon, Bernstein Research senior chip analyst, joins 'Closing Bell' to discuss chip stocks falling after new China restrictions.
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