Data Center

Shares of semiconductor company Advanced Micro Devices Inc (NASDAQ:AMD) have underperformed other chip peers and the broader market in 2024. Could the trend be reversed when the company reports second-quarter financial results Tuesday after the market close? Earnings Estimates: Analysts expect AMD...

In response to the exponential growth of generative artificial intelligence, Taiwan’s leading data center operator, Chief Telecom, is advocating for a complete overhaul of data center infrastructure. Why It Matters: Jacky Liu, President of Chief Telecom, believes that the current data center...

Amazon.com Inc.‘s (NASDAQ:AMZN) cloud computing arm, Amazon Web Services (AWS), is negotiating with the Italian government to invest billions of euros to expand its data center operations in the country. This initiative is part of the tech giant’s strategy to enhance its cloud services...

Technology giant NVIDIA Corporation (NASDAQ:NVDA) beat revenue and earnings per share estimates from analysts in its fourth quarter financial results, which they reported Wednesday. Here is what analysts are saying about the report and the future of Nvidia. The Nvidia Analysts: Goldman Sachs...

Global investors are turning their attention to Asia, lured by the region’s soaring computing and data storage needs, driven primarily by the surge in artificial intelligence (AI) and cloud services. Private equity firms KKR & Co Inc (NYSE:KKR) and Bain Capital ...

Microsoft Corp. (NASDAQ:MSFT) has scooped up a 407-acre property in Wisconsin with a pumpkin farm, after years of back and forth with the sellers. Microsoft shelled out a staggering $76 million for the land. What Happened: The Creuziger family transferred the ownership of their property to...

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were seen sharply lower in premarket trading after the chipmaker's first-quarter results failed to strike a chord with investors. The Santa Clara, California-based company reported first-quarter earnings and revenue that went past muted consensus...

Oppenheimer Research is advising investors to concentrate on development in Nvidia Corporation's (NASDAQ: NVDA) key data center business in 2023 despite the company's issues with restrictions on chip sales to China and declining PC demand. What To Know: The Advanced Micro Devices, Inc. (...

London-based Bitcoin (CRYPTO: BTC) mining giant Argo Blockchain ADR (NASDAQ: ARBK) plans to build an 800-megawatt data center in West Texas that would cost the firm from $1.5 to $2 billion. What Happened: The cost estimate for the mining facility is based on “the type...

NVIDIA Corporation (NASDAQ: NVDA) reported strong fiscal year 2021 first-quarter results Thursday after the close, sending the chipmaker's stock higher Friday.  The Nvidia Analysts UBS Securities analyst Timothy Arcuri maintained a Buy rating on Nvidia shares and raised the price target...

Technology infrastructure and data center hosting company Switch Inc (NYSE: SWCH) emerged from a "challenging" 2018 but is in a position to sustain EBITDA growth moving forward, according to BMO. The Analyst BMO Capital Markets analyst Ari Klein maintains an Outperform rating on Switch...

Earnings season for semiconductor companies is for the most part over. The reports showed that data center trends are "still soft," while the PC market is "looking good," according to Nomura. The Analyst David Wong maintained a Buy rating on AMD's stock with...

Shares of Nvidia Corporation (NASDAQ: NVDA) are trading at around 33.3 times Piper Jaffray's 2020 estimated non-GAAP EPS, which undervalues the company given multiple catalysts ahead. The Analyst Piper Jaffray's Harsh Kumar initiated coverage of Nvidia with an Overweight rating and $200...

Nvidia Corporation (NASDAQ: NVDA)'s concerning pre-announcement shows the company faces "more significant challenges" than previously expected, according to Morgan Stanley. The Analyst Morgan Stanley's Joseph Moore downgraded Nvidia from Overweight to Equal-Weight with a...

Susquehanna's bullish stance on Intel Corporation (NASDAQ: INTC) dates back to September 2016, but can no longer be justified after reporting mixed fourth-quarter results and questionable guidance for the full year 2019. The Analyst Susquehanna's Christopher Rolland downgraded Intel from...