By Kanchana Chakravarty and Zaheer Kachwala (Reuters) -Advanced Micro Devices shares tumbled 8% on Wednesday after the ...
Alphabet and AMD were the big drags on the Nasdaq in regular trading on Wednesday after their quarterly results. Both shares ...
AMD stock plunged after the chipmaker reported weaker-than-expected sales of chips for artificial intelligence data centers.
AMD has outlined its AI roadmap during recent earnings call: new Instinct MI350 now releases in mid-2025, next-gen MI400 arrives in 2026.
AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter ...
After making more than $5 billion from Instinct data center GPUs in 2024, AMD CEO Lisa Su said in a fourth-quarter earnings ...
AMD Q4 2024 revenues hit $7.6 billion, net income of $482 million with its data center revenue driving $3.9 billion for the ...
Recent developments in the AI chip market highlight significant advancements as companies rapidly push technological ...
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's PC-centric client segment also shined, with revenue up 58% year over year to $2.3 billion. The company is likely benefiting from Intel 's ( INTC -0.46%) struggles. Intel's PC chips have been a ...
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