AMD reported strong Q4 results, with revenue up 24% to $7.66 billion, driven by a thriving data center business fueled by AI workloads. Despite this growth, the stock dropped nearly 5% in after-hours trading. The company’s data center segment revenue surged 69% to $3.9 billion, while client CPU revenue increased by 58%, although gaming revenue declined by 58% due to aging console chip sales.
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The Senate approves Gail Slater, President Trump's pick to lead the DOJ's antitrust unit, by a 78-19 vote; she has been critical of power in the tech industry (David McCabe/New York Times)
The Senate has approved Gail Slater, President Trump's nominee to lead the DOJ's antitrust unit, by a 78-19 vote. Slater, a longtime Washington lawyer, has been critical of power in the tech industry. She has expressed concerns regarding the dominance of tech companies in the market. Full Article
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