AMD(AMD) Shares Gain Early on Alibaba (BABA) Cloud Collaboration
- Shares jump on tech boost; fragile yen on intervention watch
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
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- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
AMD Collaborates With Alibaba Cloud to Deliver Cloud Computing Services Based on AMD Radeon Pro GPU Technologies
October 14, 2016 3:00 AM EDTSUNNYVALE, CA -- (Marketwired) -- 10/14/16 -- Today at the Alibaba Computing Conference, AMD (NASDAQ: AMD) President and CEO Dr. Lisa Su joined Simon Hu, president of Alibaba Cloud, the cloud computing arm of Alibaba Group, to announce a collaboration between the two companies to strengthen research and cooperation related to the use of AMD Radeon" Pro GPU technology in Alibaba Cloud's global datacenters. Through the partnership, Alibaba Cloud plans to... More