AMD and Marvell announce management transitions

Stocks expected to have increasing option volume: TSM AMD MU INTC MBLY QCOM NVDA

Stocks expected to have increasing option volume: TSM AMD MU INTC MBLY QCOM NVDA

AMD (AMD) CFO Devinder Kumar to Retire, Jean Hu to Become CFO on January 23

AMD (NASDAQ: AMD) today announced that chief financial officer and treasurer Devinder Kumar will be retiring from the company and that Jean Hu will join on January 23 as executive vice president and chief financial officer. Kumar will remain at AMD through April 2023 to ensure a smooth transition.

I want to thank Devinder for his many contributions to AMD. He has been an outstanding CFO and partner whose leadership was... More

Marvell Technology (MRVL) Announces CFO Transition

Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that Willem Meintjes, who has served as Marvell's Chief Accounting Officer and Treasurer since 2018, has been appointed Chief Financial Officer, effective January 20, 2023. Mr. Meintjes' promotion follows the resignation of Jean Hu, who is departing the Company to pursue another professional opportunity, effective January 20, 2023.

"Jean has been an incredible partner over the past six years as we have transformed Marvell into a leader in data infrastructure semiconductor solutions," said Matt Murphy, Marvell's President and CEO. "Jean's commitment to talent and... More

Advanced Micro Devices, Inc. (AMD) 30-day option implied volatility flat at 56

Advanced Micro Devices, Inc. (NASDAQ: AMD) 30-day option implied volatility is at 56; compared to its 52-week range of 44 to 73.

Active options: AMD META GME BABA NFLX MARA GOOGL PRTY FCX RIOT NIO

Active options: AMD META GME BABA NFLX MARA GOOGL PRTY FCX RIOT NIO

NVIDIA (NVDA) and AMD (AMD) stock targets cut at KeyBanc on softening demand trends

KeyBanc analyst John Vinh slashed price targets on several chip companies to reflect mostly negative supply chain checks. According to Vinh, feedback suggests that the correction in Asia worsened in Q4 as China reopens.

The downturn is negatively impacting consumption, while end demand is softening.

Were seeing indications of an incremental slowdown across most end markets including PC,... More

AMD (AMD) PT Raised to $70 at Barclays

Barclays analyst Blayne Curtis raised the price target on AMD (NASDAQ: AMD) to $70.00 (from $68.00) while maintaining a Equalweight rating.... More

Active options: MSFT AMD MARA F SOFI GOOGL LCID NIO FCX VALE

Active options: MSFT AMD MARA F SOFI GOOGL LCID NIO FCX VALE

AMD (AMD) PT Lowered to $80 at KeyBanc

KeyBanc analyst Justin Vinh lowered the price target on AMD (NASDAQ: AMD) to $80.00 (from $85.00) while maintaining a Overweight rating.... More