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AMD forecast fourth-quarter revenue below estimates as supply chain constraints weigh on it


AMD forecast fourth-quarter revenue below estimates as supply chain constraints weigh on it

(Reuters) – Advanced Micro Devices on Tuesday forecast fourth-quarter revenue that fell just short of estimates, as supply chain constraints prevent the company from meeting strong demand for AI chips as the PC market slows is growing than some investors expected. Shares of the Santa Clara, California-based company fell 5% in extended trading. The stock […]

Dave Clark, formerly of Amazon and Flexport, just raised $100 million for a new supply chain company


Dave Clark, formerly of Amazon and Flexport, just raised 0 million for a new supply chain company

Dave Clark has had a roller coaster ride over the last two years. After stepping down as CEO of Amazon's global consumer division in June 2022 – a position he held for over two decades – Clark moved to Dallas to join supply chain logistics company Flexport. With the board's mandate to prepare Flexport for […]

Superdry CEO attacks Shein for tax evasion and unfair competition


Superdry CEO attacks Shein for tax evasion and unfair competition

Julian Dunkerton argues that this tax exemption means Shein does not have to pay import duties and VAT, which puts British retailers like Superdry at a disadvantage. Image credit: GettyImages – Max Mumby/Indigo In conversation with the BBCDunkerton claims that Shein is able to “avoid taxes” by sending low-value packages directly to customers in the […]