Qualcomm shares reverse after forecasts missed, CEO says inventory issues will persist

by DrathFebruary 2, 20230

Shares of Qualcomm Inc. fell lower in Thursday’s extended session after the chipmaker forecast inventory liquidations would continue in the first half of the year, …

AMD CEO promises to keep taking data center from Intel even as cloud demand stalls after ‘strong’ 2022

by DrathFebruary 1, 20230

Shares of Advanced Micro Devices Inc. rose in the extended session Tuesday after sales of the chipmaker’s data center surged and executives expect sales of …

Intel shares drop nearly 10% after earnings loss, executives expect quarterly losses as data center market shrinks

by DrathJanuary 26, 20230

Shares of Intel Corp. fell more than 9% in Thursday’s extended session after the chipmaker reported a big lack for the fourth quarter, expecting a …