Shares of chip equipment maker Lam Research slipped in late trading despite a report of quarterly results better than expected, and an upbeat outlook for this quarter as well.
New management of Lisa Su and team at AMD are showing better execution than the old AMD, says Goldman Sachs analyst Toshiya Hari, but Hari still rates the stock a Sell, noting rising expenses.
Facebook is set to report quarterly results after the bell, against tough comparison's to the year-ago growth, AT&T and AMD both surged on results, Juniper was scrutinized about its profitability, and it's feast and famine at the same time at glass maker Corning.
After months of testing Bragi's wireless ear pods, I gave up when a small pin in the charging case broke off, and the company told me I was at fault and would have to simply buy a new unit. Poor product design limits bold dreams Bragi has for the Dash's role in a wild future of "mixed reality" and "ambient computing."
AMD shares rose 9% as bulls cheered signs of progress for its newly competitive products in Tuesday afternoon's earnings beat. Bears grumble that despite all the progress, the stock is too rich for even bullish hopes.
AMD chief executive Lisa Su talked to Tech Trader as her company's shares surged by over 10% in late trading, following better-than-expected results and outlook. Su says there'll be another "semi-custom" chip win that will ramp in 2018, though she can't yet say who it's for.
Shares of Texas Instruments rose 3% in late trading after the chip maker said its analog and "embedded" chips both saw double-digit sales increases because of demand in automotive and industrial markets.