The company's MI300 accelerator has been a standout performer, with AMD raising its 2024 revenue forecast for this product line from over $4.5 billion to over $5 billion.

AMD stock price has bounced back in the past few months, mirroring the performance of most companies, which have soared after Donald Trump’s Liberation Day. It has jumped from a low of $76.43 in April ...

AMD's Q4 revenue beat estimates, but analysts lowered price forecasts due to concerns over AI GPU demand and product transitions. AMD expects a slower revenue pace in 1H 2025, with a stronger ...

AMD's AI chip revenue fails to impress investors, shares fall 5%; Nvidia's dominance in AI chips challenges AMD's market position; AMD forecasts Q1 revenue above analyst estimates, driven by PC demand ...

AMD has further raised its full-year revenue forecast for AI data center GPUs to US$4.5 billion, underscoring the surging demand for computing power driven by generative AI. The chipmaker is ...

AMD Looks to Challenge Nvidia With a New Chip. ... AMD has steadily increased its revenue for data center GPUs this year from an original forecast of more than $3.5 billion to most recently $4.5 ...

AMD expects $1.5 billion hit to 2025 revenue due to Chinese chip sales restrictions Although AMD just reported a beat on all fronts, the company is forecasting a major revenue hit for the upcoming ...

As a result, Intel is forecasting revenue of $11.2 billion to $12.4 for its second quarter, a “wider-than-normal” range that would represent a decrease of 2 to 12 percent sequentially in ...

Reitzes has lifted his AMD AI revenue forecast to $13.1bn by 2027, more than double this year’s sales, and raised his price target by 59 per cent to $175 per share. Analysts have become more confident ...

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading lower on Wednesday. Yesterday, the company reported fourth-quarter revenue of $7.66 billion, beating analyst estimates of $7.53 billion.

AMD Looks to Challenge Nvidia With a New Chip. ... AMD has steadily increased its revenue for data center GPUs this year from an original forecast of more than $3.5 billion to most recently $4.5 ...

Advanced Micro Devices (NASDAQ: AMD) recently introduced its latest artificial intelligence (AI) chip as it looks to make a dent in Nvidia's (NASDAQ: NVDA) huge market share. While AMD, as it is ...