Networking giant Cisco Systems is the latest tech firm to see its stock drop after revealing it's grappling with the impacts of a global memory shortage. ...

President and CEO of Qualcomm Cristiano Amon delivers a speech at the Web Summit at Parque das Nacoes in Lisbon, on November 12, 2024.Qualcomm reported fiscal first-quarter earnings on Wednesday that beat expectations, but the company's forecast came up short because of the global memory shortage. Shares sank following the release.Here's how the chipmaker did versus LSEG consensus estimates:EPS: $3.50, adjusted, versus $3.41 expectedRevenue: $12.25 billion, versus $12.21 billion expectedIn the current quart ...

[music] We're back on Morning Trade Live. Let's focus on AMD ahead of this afternoon's earnings report. More on that in just a little while.But look at the performance over the last year for this stock compared to say Nvidia and Broadcom. All three companies making solid moves higher. But AMD is the clear outperformer up nearly 120% [music] year-over-year.So the big question is, can it keep it up. We're going to be getting a little bit more of an update later. AMD is the focus of the morning trade.So joinin ...

Core Viewpoint - Micron Technology, a U.S. memory chip maker, is planning to announce a new investment in memory chip manufacturing capacity in Singapore to address a significant global memory shortage [1] Group 1: Company Developments - Micron Technology is expanding its production capabilities in response to the acute global memory shortage [1]