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Intel Led the Major Semiconductor Stocks Remaining Green in Morning Trading; It Gained Over 4% While AMD Rose Over 2%

Tiger Newspress2023-07-28

Intel led the major semiconductor stocks remaining green in morning trading; it gained over 4% while Advanced Micro Devices rose over 2%.

Intel swung to a quarterly profit after two quarters of record losses, boosted by a turnaround in the personal-computer market. The $1.5 billion profit defied analysts' expectations of another loss. It came after the $2.76 billion shortfall that Intel reported the previous quarter, the worst ever recorded for the storied chip maker.

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  • Sunshinekim
    ·2023-07-29
    Hope this continues 
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  • setia100
    ·2023-07-28
    Non-AI chips gluts❗AI chips sanctioned by WH from exports to China ❗ How come they are GREEN ❓😳
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  • Richang
    ·2023-07-28
    Share your opinion about this news…
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