AMD specific news
AMD has tumbled into a bear market – here’s why analysts say it’s time to buyedit
AMD’s stock has tumbled into a bear market since hitting its mid-September peak, and some Wall Street analysts are saying it’s time to buy the dip before the chipmaker launches its new-generation chip.
Publication: Business Insider India
Advanced Micro Devices (AMD) Is Pulling Back After Outlook Disappointsedit
Advanced Micro Devices (AMD) reported third quarter non-GAAP EPS of $0.13 after the bell Wednesday, compared to $0.09 in the prior year period. Revenue for the third quarter was $1.65 billion. Street expectations were for EPS of $0.13 and revenues of $1.7 billion.
Publication: RTT News
AMD Share Price Falls ~28% via Weak GPU Sales; Revenue Share from GPUs Only 30%edit
Following the release of the Q3 financial results by AMD, the stock market was quick to respond to less-than-expected operating income and market share numbers with a ~9.2% drop in share price before the markets closed. This was then followed by fervent after-hours trading resulting an even bigger drop to a share price of $17.88 at the time of this post, compared to the starting value of $25.04 earlier today. The small hike and drop after-hours also indicates some enterprising parties made use of the lower share values to their profit.
Publication: TechPowerUp Newr
Advanced Micro Devices Revenues Miss Street, Outlook Weak; Shares Down 21%edit
Shares of Advanced Micro Devices Inc. (AMD) plunged 21 percent on Wednesday after the company’s third quarter revenues and outlook for the current quarter fell short of Wall Street estimates.
Publication: RTT News
AMD revenue forecast disappoints as crypto demand subsides, shares plummetedit
Advanced Micro Devices Inc (AMD.O) on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker faces dwindling demand from cryptocurrency miners for its high-margin graphic processors and excess inventory, sending its shares down 22 percent.
Publication: Bloomberg Quint Reuters
Oracle Cloud offers first AMD chip-based platformedit
US-based chip maker AMD on Wednesday announced the availability of its first “AMD EPYC” processor-based offering on Oracle Cloud Infrastructure. The offering is up to 66 per cent less on average per core than general purpose instances offered by the competition and is the most cost-effective instance available on any Public Cloud.
Publication: Business Standard Financial Express VAR India Firstpost BTVI Daily Pioneer
AMD brand mentions
Asus ROG Strix GL12CXedit
The multimedia tests do better at flexing the Core i9-9900K’s muscle: Its Handbrake, Cinebench, and Photoshop results are topped or matched in this group only by counterparts using Core i9 X-Series Extreme Edition or AMD Ryzen Threadripper 1950X chips.
Publication: PC Mag
Acer Nitro 50edit
The GTX 1060 is the most powerful card available in any of the 11 models, which all scale down from there to various combinations of a GeForce GTX 1050 or GTX 1050 Ti alongside a Core i5 processor and different combinations of storage. You can also switch over to the AMD side via a Ryzen 5 2500X processor and a Radeon RX 580 graphics card for $899.99.
Publication: PC Mag
Boeing lifts Dow futures, but chipmakers pose headwindedit
At 9:47 a.m. EDT the Dow Jones Industrial Average was up 67.20 points, or 0.27 percent, at 25,258.63, the S&P 500 was down 2.06 points, or 0.08 percent, at 2,738.63 and the Nasdaq Composite was down 17.24 points, or 0.23 percent, at 7,420.30. Ford, Microsoft and AMD are due to report after the closing bell, while Amazon, Alphabet and Intel will report on Thursday – marquee earnings that could influence sentiment on Wall Street.
Publication: Business Standard Reuters
Competition in news
Qualcomm Snapdragon 675 Smartphone Processor Launched: Everything You Need to Knowedit
While high-end devices in the smartphone industry, like the Samsung Galaxy S9 lineup, LG G7 ThinQ, and Google Pixel, are powered by Qualcomm’s Snapdragon 845, the company is introducing a mid-range chip that can support the premium qualities that are no long exclusive to these flagship phones.
Publication: News18
Mobileye Opens Up Driverless Tech as Tie-Up With Intel Deepensedit
Mobileye NV’s driverless test car has developed a bit of a feisty streak. During a test drive in October, with a Bloomberg reporter sitting in the passenger seat, the car merged into traffic on an expressway. Then, when drivers were reluctant to allow it to change lanes — a situation quite common on Israel’s roads — it made the move, smoothly but assertively.
Publication: Bloomberg Quint
Partner in news
Samsung partners with NEC on global 5G businessedit
Samsung Electronics has tied up with Tokyo-headquartered global IT infrastructure provider NEC Corp. to explore new 5G business opportunities in the global market. “5G development based on standardisation will help to accelerate business transformation throughout global markets,” Atsuo Kawamura, Executive Vice President and President of the Network Services Business Unit at NEC, said in a statement.
Publication: The New India Express
Microsoft earnings beat expectations as cloud-fueled growth persistsedit
Microsoft Corp. posted another quarter of brisk revenue growth driven by cloud services, underscoring the company’s success in shifting its business toward internet-based computing. The stock rose in extended trading. Profit and sales for the period ended September 30 exceeded analysts’ estimates, with revenue from Azure cloud-computing services jumping 76%. Office 365, the internet-based versions of the company’s productivity applications, saw sales to corporations climb 36%.
Publication: Mint
DELL G3 15 price in Indiaedit
Dell G3 15 is a stylish and powerful Gaming Laptop and is powered by 8th Generation Intel® Core™ i7-8750H Processor processor clocked at a speed of NA and sports a 15.6 inchOn the memory front, the laptop is equipped with a hard drive of 256 SSD + 1 TB HDD and a 16 DDR4 RAM,thereby making it possible to store ample amount of data.
Publication: Digit
Asus ROG Strix GL12CXedit
The multimedia tests do better at flexing the Core i9-9900K’s muscle: Its Handbrake, Cinebench, and Photoshop results are topped or matched in this group only by counterparts using Core i9 X-Series Extreme Edition or AMD Ryzen Threadripper 1950X chips.
Publication: PC Mag
Acer Nitro 50edit
The GTX 1060 is the most powerful card available in any of the 11 models, which all scale down from there to various combinations of a GeForce GTX 1050 or GTX 1050 Ti alongside a Core i5 processor and different combinations of storage. You can also switch over to the AMD side via a Ryzen 5 2500X processor and a Radeon RX 580 graphics card for $899.99.
Publication: PC Mag
Industry news
India’s Internet services may reach $124 bn by 2022, create 1.2 cr net jobs: Reportedit
The Internet services sector in India has potential to grow over three-folds to $124 billion with the help of favourable government policies and infrastructure improvement, a report by industry body IAMAI said Tuesday.
Publication: ET Telecom
India Mobile Congress 2018 kicks off October 25: 5G to be the next big thing for Indiaedit
The second edition of the India Mobile Congress conference is set to kick off from October 25 in New Delhi. The annual symposium will see industry partners, policymakers, and tech companies to deliberate over what new technologies will emerge in future and how they will impact various industries and markets in the country.
Publication: Financial Express
Mediatek Helio P70 SOC promises stutter-free gaming on mid-range phonesedit
Following Qualcomm’s announcement of a new mobile platform, rival MediaTek has also announced a new platform, though this one is targeted at mid-range devices. MediaTek’s new chip is called the Helio P70, and as the name suggests, it succeeds the Helio P60. The new chip is built on a 12 nm process and features an APU updated APU improved AI performance.
Publication: Firstpost
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