AMD’s AI Chip Performance Falls Short of Wall Street Expectations
AMD’s Quarterly Results Reflect Different Path Amid AI Boom
AMD’s recent quarterly results have highlighted a distinct trajectory compared to other chipmakers amidst the artificial intelligence surge. The company anticipates revenue for the current quarter to fall within the range of $5.4 billion to $6 billion, aligning with analysts’ expectations of $5.7 billion.
Despite meeting estimates, AMD’s stock experienced a 9% decline, indicating that merely meeting expectations may not suffice for AI-focused investors, especially following a significant 70% surge in AMD’s stock price over the past year.
Challenges in AI Growth Outlook
Analysts on Wall Street have expressed concerns regarding the growth prospects of AI within AMD. Bank of America’s research analyst, Vivek Arya, revised the price target to $185 from $195, citing disappointment among AMD bulls regarding the forecast for MI300 chips in 2024, set at $4 billion. While this figure represents an increase from the previous gui
Read the full story:
AMD’s AI Chip Performance Falls Short of Wall Street Expectations
The energy cable will be laid along the bottom of the Caspian Sea: a memorandum has been signed
The heads of the ministries of energy of Kazakhstan, Azerbaijan and Uzbekistan, within the framework of the Tashkent International Investment Forum, signed a memorandum of cooperation on interconnection of the energy systems of the republics, Liter.kz reports.
The purpose of the signed memorandum is to determine the basic conditions for cooperation within the framework of the project for interconnection of the energy systems of Azerbaijan, Kazakhstan and Uzbekistan.
The docu
Read the full story:
The energy cable will be laid along the bottom of the Caspian Sea: a memorandum has been signed
Johnson & Johnson proposes $6.5 billion to settle talc-induced cancer lawsuits
#Johnson #Johnson #proposes #billion #settle #talcinduced #cancer #lawsuits
Afp
Johnson & Johnson, a pharmaceutical and beauty products giant, has unveiled a plan to settle civil lawsuits accusing their talc of being carcinogenic. J&J announces that it is willing to pay approximately $6.5 billion. The proposed plan includes a three-month period during which claimants will be informed of its existence. It will be val
Read the full story:
Johnson & Johnson proposes $6.5 billion to settle talc-induced cancer lawsuits
LEGAL SECURITY – Civil and commercial jurisprudence are getting closer
| The committee for developing the case law report met in Ampefy. |
A collection of case law in civil and commercial matters is being developed, with the aim of ensuring better application of the law and more equitable and inclusive justice. A text standardization workshop took place in Ampefy on Friday.
Its main objective: “to unify Malagasy jurisprudence, limit appeals on points of law, avoid disparities in judgment and guarantee legal certainty for all litigants”, according to an official press release. This initiative aims to consolidate and make accessible a reliable and up-to-date case law database by 2025. This resource will serve as a
Read the full story:
LEGAL SECURITY – Civil and commercial jurisprudence are getting closer
Five things you didn’t know about lettuce
Lettuce is one of the most popular and consumed vegetables in the world, but there are many interesting things you may not have known about this leafy green. Next we will tell you five curiosities about lettuce.
Thousand-year origin: Lettuce is a plant cultivated by man since ancient times. Its origins are believed to date back to the Mediterranean region, where it was grown in the gardens of the ancient Egyptians, Greeks and Romans.
Infinite varieties: There are more than one hundred different varieties of lettuce around the world, each with its own unique characteristics in terms of flavor, texture and color. Some of the best-known varieties are iceberg lettuce, romaine lettuce, and oakleaf lettuce.
High water content: Lettuce is a vegetable that stands out for its high water content, since it is made up of 95% this liquid. For this reason it is a perfect food to hydrate and refresh on hot summer days.
Health benefits: In addition to its high water content, lettuce is an important source of fiber, vitamins and minerals. Its health benefits include the regulation of intestinal transit, the prevention of cardiovascular diseases and the i
Read the full story:
Luxury Living in Gangnam: ‘Grape Private Residence Seoul – Interior by Fendi Casa Unveiling Excellence’ Coming Soon
A bird’s eye view of ‘Grape Private Residence Seoul – Interior by Fendi Casa Unveiling Excellence’, a high-end residential-commercial complex planned to be built in Nonhyeon-dong, Gangnam-gu, Seoul. /happy news
An extremely expensive house with an interior design by the luxury brand Fendi has been built in Gangnam, Seoul.
Golden Tree Development, a real estate development company, announced on the 1st that it will team up with global luxury brand Fendi Casa to launch ‘Grape Private Residence Seoul – Interior by Fendi Casa Unveiling Excellence’, a residential complex residential-commercial complex high facility in Nonhyeon-dong, Gangnam-gu, Seoul.
The building is to be
Read the full story:
Asian Development Bank: Growth decelerates China’s importance in Asia declines | Chinese Economy | Economic Growth | Asia | Asian Development Bank | Deflation | Inflation | US Economist | Ezrati
The Importance of China’s Economy in Asia Declining, According to Economist Milton Ezrati
American economist Milton Ezrati, in an article published in the English “Epoch Times“, highlighted the latest outlook report from the Asian Development Bank which suggests that China’s economy is facing challenges, resulting in a decline in its importance within the Asian region. The report indicates that China’s economic growth rate is expected to be lower than that of other major countries in Asia in the coming years.
The Asian Development Bank’s outlook for China’s economy predicts a slowdown, with growth rates dropping from 5.2% last year to 4.8% this year, and furth
Read the full story:
https://www.breakinglatest.news/business/asian-development-bank-growth-decelerates-chinas-importance-in-asia-declines-chinese-economy-economic-growth-asia-asian-development-bank-deflation-inflation-us-economist-ezrati/
Are you waiting for a package from a courier? Reminder – the parcel will not reach you on this day
Postman and courier services will not be provided on this day either. LP EXPRESS network post machines will work, but parcels will not be delivered to or taken out of them.
Here is information about the working hours of post offices in shopping centers on May 1:
Post office Opening hours May 1, 2024
- Alytus post office (Naujoji str. 2C-1, PC “PC Centro”) Not working
- Alytus Putinai post office (Údrijos st. 1 / Naujoji st. 7E, PC
- “Arena”) 10:00–16:00 Galgiu post office (Žvaigždikių st. 2, PC “Rimi”) Closed
- Jašiūnai Post Office (M. Balinskio str. 2, PC “Koops”) Does not work
- Joniškis post office (Vilniaus st. 47B, PC “Norfa”) Does not work
- Kaunas Post Office 22 (Naujakuriu st. 43A, PC “Rimi”) Not working
- Kaunas Post Office 26 (Varnių St. 41, PC “Rimi”) Does not work
- The fourth subdivision of Kaunas Post Office 28 (Žemaičių pl. 23, PC “Iki”) Not working
- The third subdivision of the 28th post office of Kaunas (Jonavos st. 3, PC “Iki”) Not working
- Kaunas 39th post office (Islandija pl. 32, PC “Mega”) 10:00-21:00
- Sub-department of Kaunas Post Office 41 (V. Krėvės pr. 49, PC “Rėda”) Not working
- Kaunas Post Office 44 (49 Karaliaus Mindaugos Ave., PC “Akropolis”) 10:00-21:00
- Kaunas Alek
Read the full story:
Are you waiting for a package from a courier? Reminder – the parcel will not reach you on this day
Geberit grows on the Italian market and invests in Gaeta and Villadose
Born as an artisan business in the town of Rapperswil, on Lake Zurich, the Swiss Geberit group is today an international giant in the bathroom sector, with over 3 billion Swiss francs in turnover, 10 thousand employees worldwide, 26 production plants, four of such as outside Europe on three main product lines: sanitary ware, waste and supply systems, ceramics.
Italy third market for the group
Listed since 1999, the group has experienced great and rapid growth over the last 25 years and is today celebrating its 150th anniversary with a series of initiatives centered in Italy, in particular during the April design week in Milan. Furthermore, Italy is the third most important mar
Read the full story:
Geberit grows on the Italian market and invests in Gaeta and Villadose