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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's Data Center Revenue Hits Record High But Misses Expectations
Advanced Micro Devices (AMD) posted fourth-quarter revenue and adjusted earnings that beat expectations, but data center sales came up short. The chipmaker's revenue grew 24% year-over-year to a record $7.
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, as data center sales nearly double for year
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024. Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings.
Stock Futures Point to Lower Open
AMD Earnings: Stock Tests Lowest Since Late 2023
Shares in Advanced Micro Devices (AMD) fell after results from the chip maker underwhelmed investors, with [slower-than-expected revenue growth in its data-center division](
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. Earnings per share
Dow Jones Today: Stock Futures Point to Lower Open as Alphabet, AMD Slide After Disappointing Earnings
Stock futures are lower Wednesday morning as investors react to a barrage of earnings reports from major companies while keeping an eye on geopolitical developments.
TweakTown
2h
AMD CEO Lisa Su confirms release date for Radeon 9070 XT and RDNA 4
AMD is finally ready to launch its RDNA 4 gaming GPUs, with the Radeon RX 9070 and Radeon RX 9070 XT arriving in early March ...
11h
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 ...
18h
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, ...
11h
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 ...
12h
on MSN
AMD Tumbles After Giving Disappointing Outlook for AI Growth
AI computing leader Nvidia Corp.The division will grow by a percentage in the “strong” double digits this year, AMD said on a ...
11h
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 ...
7h
on MSN
Is AMD in Trouble After Wednesday's Stock Drop?
Many investors saw this revenue drop as a sharp reversal of AMD's fortunes. Su's comments suggest that the first quarter's ...
21h
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 ...
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