Good morning, Austin. A happy Wednesday to you.
Here’s a look at some of the tech-related stories that are making headlines and generating buzz around the Internet this morning:
Good vibes for AMD
Advanced Micro Device’s shares are rising this morning, following the chipmaker's mostly positive quarterly earnings report on Tuesday.
Boosted by its processor sales, AMD reported a jump in both revenue and profit. In fact, the company completed its first profitable full year since 2011.
AMD’s shares were up more than 5 percent, at $13.55, in morning trading.
In a note this morning, Paige Tanner of Market realist wrote: “AMD stock can’t quite be ignored because most agree that it has strong growth potential.”
AMD is headquartered in California but has most of its senior management team based in Austin and employs about 1,500 people in Central Texas.
A self-driving car for errands, not passengers
Over at Tech Crunch, writer Darrell Etherington has a fascinating piece this morning about a new breed of autonomous vehicles from a startup called Nuro. The idea behind the company’s product is a bit different: This self-driving vehicle is intended to haul objects instead of people.
The vehicle is essentially a tiny mini-van that can be used for delivering various products. Compartments built into its sides can hold about 10 shopping bags and can be configured to accommodate a variety of objects, the company says.
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