AMD raises full-year forecast as chip rival Intel stumbles

The stock has gained about 50% this year through Tuesday’s close as investors cheered its success in next-generation chips, at a time when Intel faces delays in building the smaller, faster 7-nanometer chip technology. AMD, which relies on outside foundries to make its chips, has started to take market share from Intel with offerings made on Taiwan Semiconductor Manufacturing Co Ltd’s 7-nm process technology. …read more

Source:: Yahoo Finance

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