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Beth McKenna
TMFMcKenna
Recent Articles by Beth McKenna
Oct 30, 2024
by Beth McKenna
AMD Stock Drops Nearly 8% on Guidance Letdown, but It Raises 2024 Artificial Intelligence (AI) Chip Sales Outlook
The chipmaker's data center revenue soared 122% year over year, driven by continued powerful demand for its artificial intelligence (AI) chips that compete with larger rival Nvidia's chips.
Oct 25, 2024
by Beth McKenna
Deckers Stock Soars 14% as the Footwear Specialist Crushes Sales and Earnings Expectations and Raises Annual Guidance (Again)
In its first quarter reported after its 6-for-1 stock split, the footwear and apparel company once again left Wall Street's expectations in the dust.
Jul 31, 2024
by Beth McKenna
Advanced Micro Devices Stock Pops on Artificial Intelligence (AI) Chip Sales Growth and an Increase in 2024 AI Chip Revenue Guidance
The chipmaker's data center revenue soared 115% year over year, driven by powerful demand across industries for artificial intelligence (AI) chips.
Jul 30, 2024
by Beth McKenna
Symbotic Stock Plunges 23.5% due to the AI-Powered Robot Maker's Guidance for Revenue Growth to Slow
In fiscal Q3, the maker of warehouse robotic systems posted its fourth consecutive quarter of positive adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) since it went public in June 2022.
Jul 29, 2024
by Beth McKenna
ON Semiconductor Stock Jumps 11.5%: What Investors Should Know
The chipmaker's Q2 results show it's still struggling to grow, but ON stock is worth watching because the company is one of the largest producers of silicon carbide power chips, which are increasingly being used in electric vehicles (EV) and chargers.
Jul 17, 2024
by Beth McKenna
Aehr Test Systems Stock Soars on Artificial Intelligence (AI) Acquisition and Better-Than-Expected Annual Guidance
This chip equipment maker, which is a play on the EV market, just made an AI chip-focused acquisition, which is expected to be immediately accretive to its earnings.
Jul 10, 2024
by Beth McKenna
How Nvidia Stock Soared 150% in the First Half of 2024 -- and Why the Next Leg Up Could Come in August
Nvidia (NVDA) stock's stellar performance is being driven by powerful demand for the company's chips and other tech that enable artificial intelligence (AI) capabilities.
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