The chip shortage could last well into 2023. But unlike a conventional shortage, one expert thinks it will come in waves.
Many so-called autonomous vehicles still require driver attention when in self-driving mode, a fact underscored by a federal probe into Tesla unveiled on Monday.
It would be an unusual practice, but could allow Tesla to jump the line when it comes to securing the increasingly scarce semiconductor chips.
"Today's announcement reflects our confidence in AMD's business and the successful execution of our multi-year growth strategy," AMD's CEO said.
AMD turned in net income of $555 million on $3.4 billion of revenue in the first quarter and guided for a 50% jump in revenues for 2021.
BofA analysts said falling sales and margins coupled with a potentially costly move into semiconductor production could hurt Intel moving forward.
Raymond James initiated coverage on shares of Advanced Micro Devices on Thursday with an "outperform" rating and a $100 price target.
Nvidia's Grace CPU is expected to be launched in 2023 and will be used in the build of a new supercomputer from the Swiss Supercomputing Center.
In this week's edition of the Insider Tech newsletter, we look at new developments at Microsoft and Intel.
Wedbush said Intel CEO Pat Gelsinger's plan to reinvest in production is "ideal" but will likely weigh on earnings and cash flow in coming years.
Intel announced plans to enter the foundry business with two new chip plants worth $20 billion in the state of Arizona on Tuesday.
A CPU, or central processing unit, is a vital part of your computer or phone, and is responsible for executing every command you or an app makes.
Experts predict that quantum computers will help "address humanity's greatest challenges," whether through drug discovery or climate tech.
Nine companies have been repeat offenders on As You Sow's report detailing the 100 most overpaid CEOs, including Walt Disney, Goldman Sachs, and IBM.
A computer chip shortage caused by the pandemic is beginning to impact a range of industries. The auto industry has been the hardest hit, leading some automakers to slash production. The shortage is now affecting the smartphone, PC, and game console industries as well. Visit the Business section of Insider […]
Shares of VMware, Inc. slipped over 7% Wednesday on news the company’s CEO Pat Gelsinger is headed to Intel. Gelsinger will be replaced by CFO Zane Rowe in the interim while the board and majority stakeholder Dell Technologies decide on a replacement. Michael Dell, Chairman of the Board at VMware, […]
Intel CEO Bob Swan will be replaced by CEO of VMware Pat Gelsinger, the company said Monday. The change will go into effect on February 15 and comes after the chip giant saw a rough year in 2020. Last summer, it announced that production problems would delay its next-generation chips. […]