Wall Street analysts predict a 30% increase in Advanced Micro Devices’ stock price over the next year. However, technical analyst Peter DiCarlo believes this surge could happen much sooner.
The reaction was perhaps a bit harsh on AMD, which said the data center business grew its sales by 94%, to $12.6 billion, in fiscal 2024. That’s thanks to an increase in sales of its Instinct GPUs and ...
DeepSeek Launch, Intel’s Price Cuts The unveiling of China’s new resource-light AI model, DeepSeek, roiled the U.S. big semiconductor stocks earlier this week.