Barrister Global Services Network Inc
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Company profile

Barrister Global Services Network, Inc. is a provider of provides multi-vendor information technology (IT) services. The Company serves customers in commercial, consumer, educational and Governmental markets through direct and indirect channels. The Company's services range from onsite break/fix hardware repair and per incident on-site hardware repair to managed help desk and equipment installations, de-installations and disposals. The Company supports its retail clients with point-of-sale (POS) and kiosk services ranging from deployment, to installation, to ongoing onsite maintenance and hot-swap services. The Company delivers full service maintenance covering both in-warranty and out-of-warranty multi-vendor equipment. Services include remedial maintenance, replacement parts and technical support. The Company offers full service maintenance for multi-vendor POS systems, such as on-site service and depot repair service.

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AMD stock price closes above Intel's as next-gen chip saga takes surprise turn

4:11 pm ET July 24, 2020 (MarketWatch)
Print

Advanced Micro Devices Inc. (AMD) shares recorded their best day in 18 months Friday after larger rival Intel Corp. (INTC) surprised investors with news that its competing 7-nanometer chip would be delayed by at least six months because of manufacturing issues. On Friday, AMD shares closed up 16.5% at a record $69.40, while Intel shares finished down 16.2% at $50.59. AMD shares closed at a higher price than Intel's for the first time ever on Wednesday, by 74 cents, only to fall back below Intel's price on Thursday, but Friday's close firmly widened that gap in AMD's favor. Late Thursday, (http://www.marketwatch.com/story/intel-rides-strong-server-pc-sales-to-earnings-beat-and-forecasts-more-but-stock-still-falls-2020-07-23) Intel said it may have to reach out to third-party manufacturers to produce 7-nm chips, which AMD already sells, because of a "defect mode," pushing a possible release out to late 2022 or early 2023. Additionally, U.S. traded shares of Taiwan Semiconductor Manufacturing Co. (2330.TW), which manufacturers chips for AMD and other chip designers, surged 9.7% to close at $73.90. Several chip-sector analysts issued downgrades and price target cuts to Intel (http://www.marketwatch.com/story/intel-stock-savaged-as-next-gen-chip-delay-prompts-loss-of-confidence-from-wall-street-2020-07-24), while conceding that AMD had the most to gain from Intel's woes.

-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 24, 2020 16:11 ET (20:11 GMT)

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