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AMD, data center
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 Stock Slumps as Analysts Cut Price Targets After Data Center Revenue Misses Estimates
Key Takeaways Advanced Micro Devices shares plunged Wednesday after the chipmaker’s data center sales missed expectations.Analysts said AMD hasn’t shown how it can compete with Nvidia’s dominance in the AI chip market.
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.
23h
on MSN
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 ...
10h
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 ...
CRN
1d
AMD CEO: Annual AI Chip Revenue To Reach Tens Of Billions In ‘Coming Years’
After making more than $5 billion from Instinct data center GPUs in 2024, AMD CEO Lisa Su said in a fourth-quarter earnings ...
1d
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.
1d
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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