The Latest Breaking News from Lisa Su

Economist Peter Schiff and capital markets commentator The Kobeissi Letter have sharply criticized Nvidia Corp.'s (NASDAQ:NVDA) and Advanced Micro Devices, Inc.'s (NASDAQ:AMD) agreement to pay 15% of their China chip revenues to the U.S. government, calling it a “federal shakedown.”

Its gaming earnings are way up, too, but it's console money doing the heavy lifting.

Breaking down the competition in AI, energy, EVs, and more.

I know that sounds bonkers, but just hear me out.

Advanced Micro Devices Inc. (NASDAQ:AMD) shares are trading higher Tuesday extending momentum from Monday after reports revealed the company raised the price of its MI350 artificial intelligence chip.

Lisa Su argues that while AMD CPUs could be up to 20% pricier if made in the US, that trade-off is worth it in terms of diversifying the supply chain.

As global demand for artificial intelligence continues to surge, major tech companies are racing to enhance their chip capabilities and secure their positions in the market. This competitive landscape is driving significant price adjustments and strategic forecasts, as evidenced by Advanced Micro Devices‘ (NASDAQ:AMD) recent developments.

NVIDIA Corp (NASDAQ:NVDA) and Advanced Micro Devices Inc (NASDAQ:AMD) shares got a boost late Wednesday as aggressive AI plans were unveiled at an AI summit event. Here’s a look at what you need to know.

I'm not sure what chip architects and engineers think about this.