For decades, Intel (INTC) was the crown jewel of the tech industry. It dominated the CPU market, generated tens of billions in annual profits, and was a dividend favorite for income investors. But over the past 10 years, Intel has fallen from glory, trying to compete in the era of AI-powered semiconductors, dominated by Nvidia…
(Reuters) -Oracle will offer cloud services using Advanced Micro Devices’ upcoming MI450 artificial intelligence chips, the companies said on Tuesday, as they rush to take advantage of growing demand for infrastructure to support tools like ChatGPT. The companies will first deploy 50,000 MI450 processors in the third quarter of 2026 and will expand further in…
Exactly two months ago, I wrote an article here about Advanced Micro Devices (AMD), which began like this: “Imagine saying this to yourself in your best sinister voice: ‘It’s a good profit you have with those shares there. It would be a shame if something happened to him.” So, as always, I wasn’t trying to…
