(Sharecast News) - US stocks rose strongly on Wednesday with the S&P 500 and Nasdaq both finishing at new record highs on the back a big surge in the share price of chipmaker Nvidia, which topped a new market cap $3 trillion.
Advanced Micro Devices, Inc (NASDAQ:AMD) claims it holds a 33% share in the server CPU market as it prepares to launch its next-gen “Turin” processors and unveils a GPU roadmap following the MI300 product line, the Register reports. During the JP Morgan Global Technology, Media, and Communications conference, Jean Hu, AMD’s CFO, highlighted the company’s growth in servers, CPUs, and GPUs. The stock is trading higher on Tuesday. She noted AMD’s partnerships, such as with Microsoft Corp (NASDAQ:MS
Equities research analysts at StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV – Get Free Report) in a research note issued to investors on Saturday. The brokerage set a “sell” rating on the savings and loans company’s stock. Carver Bancorp Stock Up 3.4 % Carver Bancorp stock opened at $1.83 on Friday. Carver Bancorp […]