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0.00207897793263643 0.00220673635307779 -0.00200929152148666 -0.00929152148664344 -0.0117305458768874 -0.016260162601626 -0.0228571428571428 -0.0133565621370499
Stock impact report

Chipmaker AMD narrowly beats first-quarter revenue estimates [Yahoo! Finance]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Company Research Source: Yahoo! Finance
Shares of the Santa Clara, California-based company fell 3% in extended trading. Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD's revenue. These processors cannot effectively handle the complex tasks associated with AI. While some of AMD's central processors are used in conjunction with AI chips, the ratio is skewed in favor of the more advanced processors. AMD trails front-runner Nvidia in the booming market for artificial intelligence server semiconductors, where Nvidia commands about 80% of the share. Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo. Weakness has also evaded AMD's embedded segment, which caters to markets such as automotive and industrial. Ongoing inventory corr Show less Read more
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