AMD announces ~$5.6B in preliminary Q3 revenue, below its outlook of $6.7B plus or minus $200M, driven by weaker Client segment revenue and supply chain issues (Todd Haselton/CNBC)

Katie Tarasov / CNBC:
An interview with AMD CEO Lisa Su on AMD’s success at catching up to Intel, huge bets on custom chips, the PC slump, export restrictions to China, and more  —  WATCH NOW  —  How AMD became a chip giant and finally caught Intel  —  Advanced Micro Devices made history this year …

Dina Bass / Bloomberg:
Microsoft unveils Supply Chain Center software in preview to help customers track supply chains by combining data from its own programs plus Oracle and others  —  Microsoft Corp. unveiled software that will help customers track and coordinate supply-chain systems by combining data …

Kyle Wiggers / TechCrunch:
Altana, which uses AI to find supply chain anomalies and identify potential risks and bad actors, raised a $100M Series B, bringing its total funding to $123M  —  Trade wars, military conflicts, the rise of e-commerce and sustainability concerns are driving changes to supply chain networks and trade flows.

Max A. Cherney / Protocol:
Nvidia and AMD say the US imposed export restrictions on chips used for AI applications to Russia and China, affecting chips like Nvidia’s A100 and AMD’s MI200  —  The U.S. has begun to impose fresh restrictions on exports of advanced chips necessary for AI-related applications to Russia and China …

Tanaya Macheel / CNBC:
Coin Metrics: on Tuesday, bitcoin fell 12.6% to $18,203 and briefly hit $17,300.80, its lowest level since November 2020; ether dropped 18.2% to $1,311.50  —  Follow your favorite stocksCREATE FREE ACCOUNT  —  WATCH NOW  —  FTX token plunges as Binance steps in to buy the crypto exchange’s non-U.S. unit: CNBC Crypto World

Adnan Bhat / Rest of World:
Experts: India’s TikTok clones like Moj and Josh have failed to replicate TikTok’s success, and Instagram and YouTube will take over India’s short-video segment  —  Creators are instead gravitating toward Instagram and YouTube, which may eventually be the winners in the Indian short-video segment.