Valued at $422.8 billion by market cap, Advanced Micro Devices, Inc. (AMD) is a leading global semiconductor company. The California-based company designs high-performance computing and graphics chips. AMD was founded in 1969, and it also develops processors and accelerators for desktops, laptops, data centers, gaming consoles, and artificial intelligence applications. Its main product lines inclu...
Valued at $422.8 billion by market cap, Advanced Micro Devices, Inc. (AMD) is a leading global semiconductor company. The California-based company designs high-performance computing and graphics chips. AMD was founded in 1969, and it also develops processors and accelerators for desktops, laptops, data centers, gaming consoles, and artificial intelligence applications. Its main product lines include Ryzen CPUs for consumer PCs, EPYC processors for servers, Radeon GPUs for graphics and gaming, and Instinct accelerators for AI and high-performance computing. Shares of this semiconductor giant have significantly outperformed the broader market over the past year. AMD has gained 104.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 13.9%. Over the past six months, AMD's stock is up 51%, surpassing the SPX’s 8.8% rise. Zooming in further, AMD has surpassed the broader SPDR S&P Semiconductor ETF (XSD), which has gained about 32.5% over the past year and 31.6% over the past six months. On Jan. 26, AMD shares fell 3.3% in afternoon trading after Microsoft Corporation (MSFT) unveiled its new Maia 200 AI chip aimed at reducing reliance on external chipmakers. The in-house AI accelerator, designed to support multiple models including those from OpenAI, raised concerns about shrinking demand for third-party suppliers and increased competitive pressure in the semiconductor market. For FY2025 that ended in December, analysts expect AMD’s EPS to grow 19.5% to $3.13 on a diluted basis. The company’s earnings surprise history is mixed. It beat or matched the consensus estimate in three of the last four quarters while missing the forecast on another occasion. Among the 45 analysts covering AMD stock, the consensus is a “Strong Buy.” That’s based on 30 “Strong Buy” ratings, three “Moderate Buys,” and 12 “Holds.” This configuration is bearish than three months ago when it had an overall “Strong Buy” rating. On Jan. 27, AMD received a boost after UBS ana...
Valued at $422.8 billion by market cap, Advanced Micro Devices, Inc. (AMD) is a leading global semiconductor company. The California-based company designs high-performance computing and graphics chips. AMD was founded in 1969, and it also develops processors and accelerators for desktops, laptops, data centers, gaming consoles, and artificial intelligence applications. Its main product lines inclu...
Valued at $422.8 billion by market cap, Advanced Micro Devices, Inc. (AMD) is a leading global semiconductor company. The California-based company designs high-performance computing and graphics chips. AMD was founded in 1969, and it also develops processors and accelerators for desktops, laptops, data centers, gaming consoles, and artificial intelligence applications. Its main product lines include Ryzen CPUs for consumer PCs, EPYC processors for servers, Radeon GPUs for graphics and gaming, and Instinct accelerators for AI and high-performance computing. Shares of this semiconductor giant have significantly outperformed the broader market over the past year. AMD has gained 104.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 13.9%. Over the past six months, AMD's stock is up 51%, surpassing the SPX’s 8.8% rise. Zooming in further, AMD has surpassed the broader SPDR S&P Semiconductor ETF (XSD), which has gained about 32.5% over the past year and 31.6% over the past six months. On Jan. 26, AMD shares fell 3.3% in afternoon trading after Microsoft Corporation (MSFT) unveiled its new Maia 200 AI chip aimed at reducing reliance on external chipmakers. The in-house AI accelerator, designed to support multiple models including those from OpenAI, raised concerns about shrinking demand for third-party suppliers and increased competitive pressure in the semiconductor market. For FY2025 that ended in December, analysts expect AMD’s EPS to grow 19.5% to $3.13 on a diluted basis. The company’s earnings surprise history is mixed. It beat or matched the consensus estimate in three of the last four quarters while missing the forecast on another occasion. Among the 45 analysts covering AMD stock, the consensus is a “Strong Buy.” That’s based on 30 “Strong Buy” ratings, three “Moderate Buys,” and 12 “Holds.” This configuration is bearish than three months ago when it had an overall “Strong Buy” rating. On Jan. 27, AMD received a boost after UBS ana...
(RTTNews) - Indian shares ended modestly higher on Tuesday after India and the European Union confirmed that they had signed a historic trade pact. The long-awaited free trade agreement is expected to significantly expand the overall trajectory of two-way engagement in a range of sectors and reduce dependence on the unpredictable U.S. relationship. The giant free trade deal will cut or eliminate t...
(RTTNews) - Indian shares ended modestly higher on Tuesday after India and the European Union confirmed that they had signed a historic trade pact. The long-awaited free trade agreement is expected to significantly expand the overall trajectory of two-way engagement in a range of sectors and reduce dependence on the unpredictable U.S. relationship. The giant free trade deal will cut or eliminate tariffs on almost 97 percent of European exports, saving up to 4 billion euros ($4.75 billion) annually in duties, the 27-nation bloc said. For India, the tariff cuts with the EU will lead to more exports in labor intensive sectors that will help partly offset the impact of U.S. tariffs. The benchmark BSE Sensex ended the session up 319.78 points, or 0.39 percent, at 81,857.48 after a choppy ride on worries over U.S. President Donald Trump's additional tariffs announcement on South Korea and escalating U.S.-Iran tensions. The broader NSE Nifty index closed up 126.75 points, or 0.51 percent, at 25,175.40. The BSE mid-cap index edged up by 0.4 percent while the small-cap index finished marginally lower. The market breadth was weak on the BSE, with 2.334 shares falling while 1,958 shares advanced and 181 shares closed unchanged. Among the top gainers, Tech Mahindra, Tata Steel, Axis Bank and Adani Ports rallied 3-4 percent. On the flip side, Mahindra & Mahindra slumped 4.2 percent, Kotak Mahindra Bank tumbled 3.1 percent, Asian Paints lost 2.8 percent and Eternal gave up 2 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The mother of a British-born man detained for nearly nine years without trial in Syria has called for his repatriation to the UK or Canada as the US plans to airlift 7,000 Islamic State-linked prisoners from Syria to Iraq. Sally Lane, the mother of Jack Letts, 30, said she was “frantically trying to find out as much as possible” and that it was unclear if he would face the death penalty in Iraq or...
The mother of a British-born man detained for nearly nine years without trial in Syria has called for his repatriation to the UK or Canada as the US plans to airlift 7,000 Islamic State-linked prisoners from Syria to Iraq. Sally Lane, the mother of Jack Letts, 30, said she was “frantically trying to find out as much as possible” and that it was unclear if he would face the death penalty in Iraq or remain in Syria – or be sent to Canada or the UK in line with US demands. Neither the Canadian nor British government has updated her after an outbreak of fighting in Syria last week left the future of Letts and other prisoners from up to 70 countries uncertain. “We’ve heard absolutely nothing. They think we don’t deserve to know,” Lane said. But she said the UK and others could not easily ignore the issue after the US intervention. “I can’t see that western governments will allow their citizens to be put on trial in Iraq where they have the death penalty and flawed trials.” She said if the authorities in Canada or the UK wanted to, they could charge Letts with terror offences on home ground as a condition for his return. “If there’s evidence, put them on trial. But there is no evidence,” Lane said. View image in fullscreen Sally Lane and John Letts, the parents of jack Letts. Photograph: Antonio Olmos/The Observer Oxford-raised Letts travelled to join Islamic State in Syria and Iraq aged 18, during the early phases of the terror group’s caliphate. He had converted to Islam aged 16 and dropped out of sixth form because of mental health problems. He was captured by Syrian Kurdish forces fighting against IS in May 2017 and has been held without trial ever since. British ministers removed his UK citizenship two years later, leaving him a Canadian national, the birth country of his father, John. Letts’ only contact with the world has been through a handful of television interviews. “I’m not going to say I’m innocent. I’m not innocent. I deserve what comes to me. But I just wan...