-
Diamond Hands: SoftBank Isn't Leaving Arm Holdings, 'Keep As Much As Possible, As Long As Possible'
Thursday, September 14, 2023 - 6:37pm | 565Arm Holdings PLC (NASDAQ: ARM), the company behind the CPUs essential for Nvidia Corp.’s (NASDAQ: NVDA) GPUs in artificial intelligence (AI) operations, debuted in the market Thursday. The company recorded the largest IPO of 2023 with a valuation of $54.5 billion. The shares,...
-
Is ARM A Buy After Record IPO? CEO Insights, Ongoing Lawsuit, And Financials
Thursday, September 14, 2023 - 5:05pm | 652ARM Holdings PLC (NASDAQ: ARM) made its market debut Thursday with the year's largest IPO, valued at $54.5 billion. The shares, priced at $51 each — at the top of the IPO range of $47-$52 — closed Thursday's trading session at $63.59. The Cambridge, England-based tech...
-
Rene Haas Shines Light On Arm's Dominance Amid 2023's Biggest IPO
Thursday, September 14, 2023 - 2:26pm | 646Arm Holdings PLC (NASDAQ: ARM), a linchpin for Nvidia Corp.’s (NASDAQ: NVDA) GPUs to function with artificial intelligence (AI), hit the open market on Thursday, marking the largest IPO of 2023 with a $54.5 billion valuation. Now trading at the $60 mark after initially being priced at $...
-
Linux Founder Switches Allegiance To AMD After 15 Years As Intel Customer
Tuesday, May 26, 2020 - 1:48pm | 361Advanced Micro Devices, Inc. (NASDAQ: AMD) has made strong inroads into the CPU processor market following the launch of the Ryzen series in 2017. Companies and tech leaders are also gravitating toward AMD, as its processors boast a superior price-to-performance ratio. More recently, Linux open...
-
AMD's First Analyst Day In 3 Years Leaves Street Impressed With Product Roadmap, 'Sustaining Momentum'
Saturday, March 7, 2020 - 5:56pm | 599Two Advanced Micro Devices, Inc. (NASDAQ: AMD) analysts came away confident about the semiconductor company's fundamentals following its financial analyst day Thursday. The AMD Analysts Deutsche Bank Securities analyst Ross Seymore maintained a Hold rating on AMD shares...
-
AMD Retains Strong Grip On Retail CPU Market Despite COVID-19 Threat, Report Says
Wednesday, February 26, 2020 - 12:06pm | 627Advanced Micro Devices, Inc. (NASDAQ: AMD) has struck gold with its third-generation Ryzen processors, which are based on the 7-nm Zen 2 architecture. Ever since the July product launch, the company has managed to wrest significant market share from its rival Intel Corporation (NASDAQ:...
-
AMD Reportedly Targeting 10% Market Share In Server Processors
Tuesday, December 10, 2019 - 4:26pm | 453Notwithstanding sell-side calls for an imminent meltdown, Advanced Micro Devices, Inc. (NASDAQ: AMD) shares have continued to push higher and are trading off a multiyear high of $41.79 reached Nov. 19. Epic Breakthrough With EPYC 2 In addition to making strong inroads in the desktop CPU...
-
Decoding AMD's Breathtaking 2-Year Rally
Friday, November 29, 2019 - 12:16pm | 768Advanced Micro Devices, Inc. (NASDAQ: AMD) has been the best performer among S&P 500 stocks thus far this year, having gained about 111% through Nov. 26. This is despite the stock retracting from the all-time high of $41.79 reached Nov. 19. A nine-session winning streak leading up to Nov. 19...
-
Large AMD Option Traders Betting On Q3 Earnings Beat
Thursday, September 26, 2019 - 3:37pm | 737Advanced Micro Devices, Inc. (NASDAQ: AMD) traded lower by 1.3% on Thursday but remains up by 57.8% year-to-date as the company continues to outperform Intel Corporation (NASDAQ: INTC) in the CPU market. Several large option traders were aggressively betting on AMD Thursday morning, suggesting AMD...
-
4 Reasons Wedbush Sees More Room For AMD's Stock To Run
Thursday, June 27, 2019 - 8:55am | 354Advanced Micro Devices, Inc. (NASDAQ: AMD) continues to enjoy a "reemergence" in the CPU market and to a lesser extent GPUs and the momentum can be sustained over the coming years, according to Wedbush. The Analyst Wedbush's Matthew Bryson initiated coverage of AMD with an Outperform...
-
Nvidia Announces Support For Arm CPUs: Why It Matters
Monday, June 17, 2019 - 12:26pm | 431NVIDIA Corporation (NASDAQ: NVDA) announced Monday at the International Supercomputing Conference that it will now support Arm CPUs. What Happened Nvidia's full stack of AI and HPC software will be made available to the Arm ecosystem by the end of 2019, the company said. The stack...
-
Susquehanna: AMD Production Shift To Taiwan Semiconductor Highlights Manufacturer's 'Domination'
Tuesday, August 28, 2018 - 11:55am | 413Advanced Micro Devices, Inc. (NASDAQ: AMD) announced Monday that it will move its entire 7nm-and-below CPUs and GPU production to Taiwan Semiconductor Co. Ltd. (NYSE: TSM). The Analyst Susquehanna analyst Mehdi Hosseini reiterated a Positive rating on Taiwan Semiconductor with a $48 price...
-
Stifel's 6 Takeaways From AMD's Q2
Thursday, July 26, 2018 - 10:13am | 474Advanced Micro Devices, Inc. (NASDAQ: AMD) reported Wednesday with second-quarter results that signal the company's "near-flawless execution" remains unchanged, according to Stifel. The Analyst Stifel's Kevin Cassidy maintained a Buy rating on Advanced Micro...
-
Morgan Stanley Sticks To Bearish Stance On AMD, Points To Risks In Graphics Business
Wednesday, June 20, 2018 - 12:34pm | 440Morgan Stanley is sticking to its bearish thesis for Advanced Micro Devices, Inc. (NASDAQ: AMD), and said Wednesday that any upside benefits for the semiconductor maker need to be taken in context with its overall business. The Analyst Morgan Stanley's Joseph Moore maintains an Underweight...
-
Cowen Doubles Down On Bullish AMD Stance After Meeting With CTO
Friday, June 1, 2018 - 11:38am | 391Cowen hosted Advanced Micro Devices, Inc. (NASDAQ: AMD) Chief Technology Officer Mark Papermaster at its technology, media and telecom conference, and the executive "conveyed a positive tone" on AMD's 7nm product designs. The Analyst Cowen's Matthew Ramsay maintains an...