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AMD is buying rival chipmaker Xilinx for $35 billion as its competition with Intel intensifies

The deal between AMD and Xilinx, two US firms, will create a company with 13,000 engineers and comp…

Reuters   


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Intel set to lay off employees as it cuts billions of dollars in spending

Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 billion…

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Intel plans major layoffs this month as PC sales nosedive: Report

Chip-maker Intel is reportedly planning job cuts that can run in thousands, especially hitting its …

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US stocks fall as investors weigh fresh inflation data and more tech earnings

Amazon stock slipped Friday after reporting $3.2 billion profit in its latest earnings report as it…

Phil Rosen   


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Russia's military is copying the Wagner playbook of recruiting prisoners to fight in Ukraine, with up to 10,000 signing up in April alone, UK intel says

With the Wagner Group cut off from recruiting in prisons, Russia's military has now adopted the sam…

Sinéad Baker   


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Satya Nadella-run Microsoft becomes the first tech giant to lay off employees

"Today we had a small number of role eliminations. Like all companies, we evaluate our business pri…

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Here come Intel earnings

The report comes as Intel is still searching for a permanent CEO. The company's former head, Brian …

Troy Wolverton   


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Intel CEO says global chip shortage will not end before 2023

Intel CEO Pat Gelsinger told CNBC late on Thursday that he didn't expect the semiconductor short…

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Dow soars 524 points as US stocks notch best day since January after streak of upbeat earnings

Shares of Meta Platforms Inc. surged 14% after posting first-quarter results that beat expectations.

Morgan Chittum   


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Moderna's billionaire CEO draws criticism for earning nearly $400 million in stock options last year, and then getting a raise on top of it

The exec donated $176 million after-tax to charity last year and pledged to continue, but analysts …

Jordan Hart   


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LIVE: Here come Intel's Q1 earnings

It's been a busy period for the chipmaker, and investors are keen for more details on Intel's surpr…

Rosalie Chan   


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AMD stock could rise 63% as the chipmaker has big market share left to take in multibillion dollar market, Bank of America says

Bank of America raised its price target on AMD stock to a Wall Street-high of $190 per share.

Carla Mozée   


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Samsung logs record sales, 4-year-high operating profit in Q4

Net profit rose 64.04 per cent from a year earlier to 10.8 trillion won ($9 billion) in the Octo…

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Nidhi Pandurangi   


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AMD could rise 19% due to its durable technical advantage over Intel, Raymond James says

Raymond James initiated coverage on shares of Advanced Micro Devices on Thursday with an "outperfor…

Will Daniel   


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LIVE: Here come Intel's Q2 earnings

Intel is set to report is Q2 2018 earnings on Thursday, the first since CEO Brian Krzanich resigned…

Becky Peterson   


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Intel soars after beating big on earnings

The results were the first for the company after the disclosure of major security flaws known as Sp…

Seth Archer   


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Cyber security jobs: Big companies like Apple, Microsoft, Intel, TCS are hiring professionals

The word hacking implies breaking into the system and database. An ethical hacker tests the leve…

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US stocks trade mixed as GDP lifts sentiment while investors brace for next wave of mega-cap earnings

The Nasdaq was again weighed down by disappointing tech earnings, this time from Meta's quarterly m…

Jennifer Sor   


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Intel chief warns chip shortage could continue for up to two years

The strong demand environment continues to stress the supply chain across the world. "While I…