While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark.
Advanced Micro Devices is set to report its fourth-quarter results after the market closes Tuesday, with analysts projecting revenue and earnings growth.
The reaction was perhaps a bit harsh on AMD, which said the data center business grew its sales by 94%, to $12.6 billion, in fiscal 2024. That’s thanks to an increase in sales of its Instinct GPUs and ...
At least four analysts have lowered their ratings on the chip stock so far this year, with the latest being Ben Reitzes of ...
AMD shares fell 9% in extended trading Tuesday after the chipmaker reported data center sales figures that came in below Wall Street estimates. Here are the key chart levels to monitor.
AMD is trying to persuade some of the biggest companies in the world to include its AI products in their data centre ...
Advanced Micro Devices Q4 2024 financial results demonstrated record revenue growth for the quarter and showed the chipmaker increasing its market share, likely at the expense of rival Intel.