The return to record levels is just the latest move higher for AMD, which spiked almost 150% over the course of 2019, making it the biggest gainer in S&P 500.
DCK Investor Edge: These are the year’s trends and events that mattered most.
Analysts see a “once in a 4 year opportunity” to buy memory at the bottom of the cycle.
DCK Investor Edge: It doesn’t pay dividends, but it offers investors a chance to ride the wave of digital transformation rising across China.
The move signals that geopolitical and trade tensions have dented corporate demand for servers.
DCK Investor Edge: Hyperscalers continue leasing tens of megawatts of data center capacity in China, driving growth outside urban cores.
The vendor signals that companies are postponing hardware purchases amid global political and economic uncertainty.
As Nvidia prepares to report Q3 results, all eyes are on its data center business.