About Advanced Micro Devices, Inc. - Common Stock (AMD)
Advanced Micro Devices is a leading global semiconductor company that designs and manufactures computing and graphics solutions for a wide range of applications. The company is known for its innovative microprocessors, graphics cards, and system-on-chip products, which are used in personal computers, servers, and embedded systems. AMD focuses on high-performance computing, gaming, and data center markets, offering advanced technologies that compete with those of other major players in the industry. By delivering cutting-edge products that push the boundaries of processing power and efficiency, AMD plays a critical role in driving technological advancements and enhancing user experiences across various platforms. Read More
Shares of identification solutions manufacturer Brady (NYSE:BRC) fell 5.4% in the afternoon session after the company reported disappointing first quarter results: Its revenue slightly missed and its full-year EPS guidance fell slightly short of Wall Street's estimates. Management also noted that the tariff situation was likely to create uncertainty, suggesting it could be a significant headwind for the business. Overall, this was a weaker quarter.
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Senator Chuck Schumer warned that Trump-backed AI chip deals with Saudi Arabia and the UAE could risk U.S. tech secrets falling into China's hands, undermining national security and export restrictions.
Intel's volume of processors for external customers using new technology is insignificant, CFO says. Stock down 31% in 12 months due to AI competition.
Shares of agricultural and construction machinery company Deere (NYSE:DE) jumped 5% in the morning session after the company turned in an impressive second quarter, with both sales and earnings beating expectations, even though sales overall were down quite a bit from the previous year.
Trump admin reached preliminary deal with UAE to import 500,000 Nvidia's AI chips annually through 2027-2030; also announced $600B investment package from Saudi Arabia.
While NVIDIA and AMD are striking first with new deals after the end of AI Diffusion, Broadcom is waiting in the wings to receive a potentially huge payoff.
