A new form of omega-3 oil that crosses into the retina from our bloodstreams could help with visual decline associated with diseases like diabetes, Alzheimer’s disease, and the leading cause of vision loss, age-related macular degeneration (AMD). A New Kind of Omega-3 Scientists in the Department of Medicine at the University of Illinois have developed…
Collaboration on One of the Leading Causes of Blindness Seeks to Find More Effective Treatments
The Australian National University (ANU) has begun a collaboration with the Korean Biotech Company MDimune Inc. to develop new and more effective treatments for Age-related Macular Degeneration (AMD). AMD is one of the leading causes of blindness globally and is expected to affect 288 million people in 2040. Assoc. Prof. Riccardo Natoli, Head of the…
Chipmakers Post Weak Results, Reduce Spending Amid Recession Fears
October 7, 2022
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AMDBusiness & MarketschipmakersCompanieseconomyIntel Corp.Micron TechnologynvidiarecessionSamsungSemiconductor industryTechTech NewsUS
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Multiple chip manufacturers are posting disappointing financial results and cutting down on spending—developments that are negatively affecting the share prices of these firms. AMD, for example, recently announced its preliminary third-quarter sales, missing projections by more than $1 billion. The third-quarter revenue is expected to be $5.6 billion, below the company’s forecast of $6.7 billion….
US Restricts Nvidia Corp. From Selling AI Chips to China and Russia, Company Says
September 1, 2022
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acceleration chipsAMDartificial intelligence (AI)BeijingBusiness & MarketsChinaCompanieseconomyMoscowNvidia CorpRussiasemiconductorsUS
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Tech firm Nvidia Corp. has been told by Washington not to sell two of its artificial intelligence (AI) acceleration chips to Beijing and Moscow, potentially affecting millions of dollars’ worth of revenues. “On August 26, 2022, the U.S. government, or USG, informed NVIDIA Corporation, or the Company, that the USG has imposed a new license…
AMD Says US Told It to Stop Shipping Top AI Chip to China
Advanced Micro Devices Inc. on Wednesday said U.S. officials have told it to stop exporting its top artificial intelligence chip to China, according to a spokesman. The company said new license requirements prevent shipment of its MI250 chips to China but it believes its MI100 chips are not affected by the new requirement. The company…
BofA Picks Nvidia As Top Pick; Expresses Bullishness on Marvell, AMD, ON Semiconductor
BofA analyst Vivek Arya believes chipmaker Nvidia Corp could benefit from growth in several areas. Arya chose Nvidia as his top large-cap sector pick. Nvidia and fellow semiconductor businesses Marvell Technology, Inc and Advanced Micro Devices, Inc, can all immensely benefit from the continued growth in cloud computing, among other factors, Arya said. Arya also chose ON Semiconductor Corp as his top small-…
AMD Reports Record Performances All Around in Beat-And-Raise Q1, Stock Rallies
Advanced Micro Devices, Inc. reported record first-quarter revenue and non-GAAP net income that comfortably beat estimates. The chipmaker’s results reflected across-the-board strength, led by higher Ryzen and EPYC processor sales and solid semi-custom revenue. The company raised its full-year revenue guidance, citing strong contributions from Xilinx and server and semi-custom segments. AMD’s Key Q1 Metrics…
Is AMD Stock Prepping for Pre-Earnings Rally After Retesting This Support Level?
Advanced Micro Devices Inc. stock, one of the star tech performers of recent years, is stuck in a year-to-date rut. The lackluster phase comes despite the company continuing to do well fundamentally. AMD Lags Tech Recovery Ever since peaking at $164.46 on November 30, AMD stock has traced a broader downtrend marked by intermittent rallies and…
Why This Analyst Recommends AMD and These 3 Chip Stocks as His Favorite Semiconductor Plays
Despite supply chain challenges, an analyst at KeyBanc Capital Markets said he is constructive on the semiconductor cycle. Here’s why. Strong Demand Persists Fourth-quarter IC unit shipments increased 15 percent year-over-year, slower than the third quarter’s 15 percent growth but much faster than the five-year, fourth-quarter average of 9 percent, analyst John Vinh said in a…
3 Reasons Why This AMD Analyst Is Optimistic on Chipmaker’s Pensando Deal
Advanced Micro Devices, Inc. announced Monday an agreement to buy distributed services platform company Pensando for $1.9 billion. The AMD Analyst KeyBanc Capital Markets analyst John Vinh maintained an Overweight rating and $165 price target for AMD shares. The AMD Thesis KeyBanc is constructive on the Pensando deal, analyst Vinh said in a note. Pensando…
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