DALLAS-Texas Instruments and Advanced Micro Devices Inc. posted quarterly losses, while warning of more losses in the next quarter.
TI posted a net loss of $117 million, or 7 cents a share, compared with a net income of $676 million, or 38 cents a share, in the third quarter last year.
AMD lost $186.9 million, or 54 cents a share, a reversal of a net income of $408.6 million, or $1.18 a share last year.
TI, AMD warn of more losses
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What infra upgrades are needed to handle AI energy spikes?
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants