AMD revenue came in at $7.7 billion, above analysts’ expectations for $7.5 billion, but the company’s data-center unit came ...
AMD (AMD) stock plunged after its weak near-term outlook on data center growth prompted analysts to cut price targets, ...
Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia , ...
AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally ...
AMD reported $3.86 billion in data center sales, which was up 69% on a year-over-year basis. The company said the increase ...
AMD shares fell by nearly 9% in after-hours trading, but the chipmaker is talking up a strong second half to 2025.
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the ...
Despite a strong performance in its financial performance, AMD expects first-quarter data center sales that may fall short of ...
The reaction was perhaps a bit harsh on AMD, which said the data center business grew its sales by 94%, to $12.6 billion, in fiscal 2024. That’s thanks to an increase in sales of its Instinct GPUs and ...
Lisa Su, Chair and CEO, highlighted AMD's transformative year, emphasizing record annual revenue of $25.8 billion, a 14% increase year-over-year, driven by strong growth in the data center and client ...
For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion, the midpoint of which beat the $7 billion that analysts surveyed by FactSet had forecast.