By Kanchana Chakravarty and Zaheer Kachwala (Reuters) -Advanced Micro Devices shares tumbled more than 10% on Wednesday after ...
Analysts lower price forecasts on AMD amid weaker AI GPU outlook, though next-gen chips offer potential recovery.
AMD has outlined its AI roadmap during recent earnings call: new Instinct MI350 now releases in mid-2025, next-gen MI400 arrives in 2026.
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the ...
AMD's stock fell on Wednesday after fourth quarter results, as Data Center revenue missed expectations, which drew mixed ...
AMD stock plunged after the chipmaker reported weaker-than-expected sales of chips for artificial intelligence data centers.
Recent developments in the AI chip market highlight significant advancements as companies rapidly push technological ...
After making more than $5 billion from Instinct data center GPUs in 2024, AMD CEO Lisa Su said in a fourth-quarter earnings ...
Advanced Micro Devices (NASDAQ:AMD) recently released its Q4 earnings report, and despite surpassing earnings expectations, the stock took a ...
AMD Q4 2024 revenues hit $7.6 billion, net income of $482 million with its data center revenue driving $3.9 billion for the ...
Quarterly revenue beat AMD's forecast of roughly $7.5 billion. Net income was $482 million, down 28 percent from the year-ago period's $667 million profit.
AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter ...