Amazon stock gained in Wednesday trading as investors digested the tech giant’s first quarter earnings report. Sales and earnings for Amazon (AMZN) exceeded expectations but the e-commerce and cloud-computing giant gave a lighter-than-expected sales forecast for its June quarter. X Amazon said late Tuesday that it earned 98 cents per share in its March-ending quarter … Read more
Advanced Micro Devices Takes On Nvidia in the Market for AI Chips In the red-hot market for artificial intelligence chips, Advanced Micro Devices (AMD) finds itself in a familiar position: playing No. 2 to the market leader, Nvidia. AMD’s Battle for Market Dominance Playing the role of the underdog is nothing new for AMD. In … Read more
A Wall Street Firm Raises Price Targets on NVIDIA Stock and Super Micro Computer Ahead of GTC Conference A Wall Street firm has recently increased its price targets on NVIDIA stock and Super Micro Computer ahead of NVIDIA’s GTC conference for AI developers set to take place next week. The firm believes that this event, … Read more