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AMD pulls up release of its next-gen data center GPUs
AMD shares drop more than 6%, close at lowest since 2023 on disappointing data center revenue
Advanced Micro Devices shares fell on Wednesday after the chipmaker under-delivered on Wall Street's estimates for its important data center business.
AMD pulls up the release of its next-gen data center GPUs
AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally planned.
AMD posts Q4 2024 revenue of $7.66 billion, data center revenues are up 69% from last year
AMD Q4 2024 revenues hit $7.6 billion, net income of $482 million with its data center revenue driving $3.9 billion for the quarter, up 69% from last year.
AMD Record Growth Driven by Data Center
Advanced Micro Devices posts strong revenue growth, beating analyst expectations, though challenges remain in specific market segments.
AMD reports profit beat, but misses on data center revenue
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024, but still fell short of estimates. The stock fell in extended trading. Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings,
6h
AMD promises “mainstream” 4K gaming with next-gen GPUs as current-gen GPU sales tank
But hope springs eternal. Su confirmed on AMD's earnings call that the new Radeon RX 9000-series cards, announced at CES last ...
6h
AMD's $4.9 bln ZT Systems deal faces EU antitrust decision by March 12
European Union antitrust regulators will decide by March 12 whether to clear U.S. chipmaker AMD's $4.9 billion bid for server ...
13h
AMD Stock Plunges as Wall Street Lowers Targets on Data Center Miss
AMD (AMD) stock plunged after its weak near-term outlook on data center growth prompted analysts to cut price targets, ...
10h
AMD Earnings: Stock Tests Lowest Since Late 2023
Shares in Advanced Micro Devices (AMD) fell after results from the chip maker underwhelmed investors, with ...
16h
AMD shares dive over 8% after results
Shares in Advanced Micro Devices dropped almost 9% in Europe on Wednesday after the company's chief executive forecast a ...
21h
on MSN
AMD comes up short in a key segment — and that’s pressuring its stock
While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark.
5h
Stock Market Today: S&P 500, Nasdaq Fall; Google, AMD in Focus
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
4h
Confirmed: AMD's RDNA 4 Radeon RX 9000 Series GPUs Arrive In Early March
AMD has confirmed its Radeon RX 9000 series GPUs will launch in early March, ending weeks of speculation. The company ...
1d
AMD Earnings: Stock Slides despite Solid Results and Guidance Beat
Shares of Advanced Micro Devices (AMD) are down in after-hours trading after the chipmaker reported Q4 earnings results.
6h
on MSN
AMD Ryzen 7 9800X3D accounts for nearly all Zen 5 sales
Recent sales data from German retailer MindFactory highlights a striking trend in AMD’s Zen 5 CPU lineup, with the Ryzen 7 ...
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