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The Latest Breaking News from Pensando

Can Chip Makers AMD and Nvidia Deliver?

The two semiconductor companies have the opportunity to dispel doubts about their growth.

Market Rally Falters As Hawkish Fed Slams Techs; Musk Buys Twitter Stake, Holds Tesla 'Rodeo': Weekly Review

Market Rally Falters As Hawkish Fed Slams Techs; Musk Buys Twitter Stake, Holds Tesla 'Rodeo': Weekly Review

A hawkish Fed sent the market rally to "under pressure." Elon Musk bought a big Twitter stake and held a Tesla Austin grand opening "rodeo."

Investors Business Daily

Deutsche Bank Cuts AMD Price Target By 11%

Deutsche Bank Cuts AMD Price Target By 11%

Deutsche Bank analyst Ross Seymore lowered the price target on Advanced Micro Devices Inc (NASDAQ:AMD) to $125 from $140 and kept a Hold rating on the shares. The price target implied an upside of 17%. The re-rating followed AMD's acquisition of Pensando for $1.9 billion. Pensando offers a fully-programmable, high-performance packet processor and software stack already in…

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3 Reasons Why This AMD Analyst Is Optimistic On Chipmaker's Pensando Deal

Advanced Micro Devices, Inc. (NASDAQ: AMD) announced Monday an agreement to buy distributed services platform company Pensando for $1.9 billion.

Semiconductor Watchlist: Qualcomm, Micron, NXP

Chips try to recover from slump in previous week.

AAP Gives Thumbs-Up to AMD's Purchase of Pensando

Pensando's solutions accelerate networking, security, storage and other services for cloud, enterprise, and edge applications.

Why AMD Is Doubling Down On Data Center Via Pensando Acquisition

Advanced Micro Devices Inc (NASDAQ: AMD) on Monday announced that it entered into a definitive agreement to acquire cloud technology company Pensando for approximately $1.9 billion.

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AMD Bolsters Data Center Capabilities With $1.9 Billion Pensando Acquisition

AMD Bolsters Data Center Capabilities With $1.9 Billion Pensando Acquisition

Chipmaker AMD is broadening its data center capabilities with a planned $1.9 billion acquisition of Pensando.

Investors Business Daily

AMD Extends Data Center Drive With $1.9 Billion Purchase of Cloud Startup Pensando

AMD Extends Data Center Drive With $1.9 Billion Purchase of Cloud Startup Pensando

Pensando, founded by former executives from Cisco, will add to AMD's ongoing push into the lucrative data center chip market.

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