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AMD reports profit beat
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. Shares fell 6% in extended trading.
AMD reports profit beat, but misses on data center revenue
AMD reported $3.86 billion in data center sales, which was up 69% on a dear-over-year basis. The company said the increase was due to sales both in its Instinct GPUs and its EPYC CPUs, which compete with Intel's processors.
AMD shares tumble as CEO forecasts declining data center sales
Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia, even as its quarterly results and revenue outlook exceeded analyst estimates on Tuesday.
6d
on MSN
Intel Just Created a Big Problem for AMD
Semiconductor giant Intel (NASDAQ: INTC) is in the middle of an existential crisis. The company lacks a permanent CEO, its ...
1d
on MSN
AMD's Ryzen 9 9950X3D and 9900X3D CPUs are rumoured to launch at the end of March at roughly the same time as the RX 9070-series GPUs
As for the chips themselves, the specs are pretty monstrous. The 9950X3D is a 170 W TDP chip with 16-cores and 32-threads ...
4d
Intel Core and AMD Ryzen gaming CPUs could be about to get loads more cores
It's speculated that next-gen Intel Nova Lake and AMD Zen 6 processors will have many more cores than current Arrow Lake and ...
18h
Is Intel Stock a Buy Now?
Also, Intel's earnings forecast for the current quarter is lower than the $0.08 per share that analysts were projecting. The ...
1d
Intel: 2025 Estimates Crushed As Company Refuses To Participate In AI Bubble
Despite beating guidance, Intel's Q4-2024 results showed declining revenues and margins, highlighting weak baseline demand ...
4d
Will DeepSeek Help Or Hurt AMD Stock?
DeepSeek Launch, Intel’s Price Cuts The unveiling of China’s new resource-light AI model, DeepSeek, roiled the U.S. big ...
5d
on MSN
Did DeepSeek Crush AMD and Intel's Chances?
In this video, I will talk about DeepSeek's effect on companies like Intel (NASDAQ: INTC) and AMD and touch on a new AMD ...
7d
AMD Vs Intel: Battle For CPU Dominance
AMD and Intel are fiercely competing in the x86 CPU market, with AMD gaining market share in 2024 despite Intel's performance ...
7d
Intel Slashes Xeon 6 CPU Prices By Up To 30% In EPYC Data Center Fight With AMD
Intel has quietly cut the prices of its Xeon 6 processor family, codenamed "Granite Rapids," just four months after their ...
13d
Intel Vs. AMD: Server Battle, AI Race Frame Earnings Test
Intel and AMD are gearing up to report Q4 earnings. BofA analyst maintains Underperform on Intel and Neutral on AMD, citing ...
2h
AMD’s chips are winning again — and they’ve officially powered 100 million game consoles.
Its Q4 and full-year 2024 earnings boast record revenue for both data center and client divisions — the latter of which ...
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