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AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares fall as forecast fails to impress despite strong AI growth

AMD CEO Lisa Su makes the opening speech at COMPUTEX forum in Taipei, Taiwan June 3, 2024.  Ann Wang | Reuters Advanced Micro Devices reported third-quarter results Tuesday, with earnings in line with forecasts and revenue that slightly beat expectations. Here’s how the company did, compared with LSEG estimates for the quarter ending Sept. 28:

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Sam Altman’s Reddit stake now worth over  billion after post-earnings pop

Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop

Sam Altman, CEO of OpenAI, at the Allen & Company Sun Valley Conference on July 9, 2024 in Sun Valley, Idaho. David A. Grogan | CNBC Sam Altman, the controversial CEO of OpenAI, has a stake in social media company Reddit that’s worth over $1 billion as of post-market trading on Tuesday. Altman controls roughly

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Tropang Giga brace for Kings’ outside shooting as they seek to double series lead

Tropang Giga brace for Kings’ outside shooting as they seek to double series lead

Rondae Hollis-Jefferson (left) and the Tropang Giga had a hand in the poor shooting of Barangay Ginebra in Game 1. —PBA IMAGES It’s a credit to how Barangay Ginebra has turned the three-point shot into a weapon that TNT coach Chot Reyes warned his team how a bad shooting night by the Gin Kings is

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Maroons look to fix string of slow starts ahead of ‘Battle of Katipunan’

Maroons look to fix string of slow starts ahead of ‘Battle of Katipunan’

JD Cagulangan—MARLO CUETO/INQUIRER.net Lately this season, the University of the Philippines (UP) has struggled to find its rhythm at the start of its games. But the Fighting Maroons seemed to always get hold of their mojo and so far, they have come home with a win. For JD Cagulangan, that has to change. Article continues

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