Qualcomm CFO Akash Palkhiwala joins Yahoo Finance Live to discuss its product expansion for Wi-Fi 7 networks, the chip shortage, and supply chains.
Shares of chip designer AMD (NASDAQ: AMD) were down 5.4% today as of 12:45 p.m. ET. Specifically, AMD said this morning it is looking into a claim by cybercrime group RansomHouse, which says it stole 450 GB worth of data (various network files and general company info) earlier this year thanks to weak password protection at the semiconductor company. GPUs are also used in cryptocurrency mining, and now that the crypto market has tanked, some miners are flooding the secondary market with their old GPUs.
Johnson & Johnson, Advanced Micro Devices, Union Pacific, Anheuser-Busch, and ServiceNow are part of Zacks top Analyst Blog.