Advanced Micro Devices (NASDAQ: AMD) is one of the world's leading suppliers of chips for data centers, personal computers, and even cars. The data center business is the company's main focus right now, as it tries to compete with Nvidia in the market for graphics processing units (GPUs), which are used to develop artificial intelligence (AI). AMD has won several of Nvidia's top customers since launching its first AI GPU, Instinct MI300 series, in late 2023, and it continues to release new versions with more processing power...
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Continue ReadingShares of Tesla (NASDAQ: TSLA) are up a whopping 672% in the past five years and 2,050% in the past decade. Does this price make the electric vehicle (EV) stock a smart buying opportunity? Between 2013 and 2023, Tesla's growth was truly spectacular...
Continue ReadingChinese electric vehicle champion BYD has reported a 60% surge in sales in the first quarter of the year as archrival Tesla stumbles...
Continue ReadingCOPENHAGEN (Reuters) -Sweden's largest insurer Folksam said on Wednesday it has sold its stake in electric car maker Tesla over concerns about the company's stance on workers' rights. Tesla, headed by billionaire Elon Musk, is facing a backlash from unions and some pension funds in the Nordic region over its refusal to accept a demand from Swedish mechanics for collective bargaining rights covering wages and other conditions. Tesla did not immediately respond to a request for comment...
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