Advanced Micro Devices Inc. tumbled in late trading after giving a disappointing outlook for its data center business, an ...
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the ...
Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia , ...
In a recent Q4 earnings call, AMD's CEO Lisa Su provided some comments on hardware sales, demand for AI, and DeepSeek's ...
While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark.
AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally ...
Competition and geopolitical risks exist, but AMD’s strategic pivot, open-source ROCm, and cost efficiency bolster the ...
AMD is trying to persuade some of the biggest companies in the world to include its AI products in their data centre ...
As of September 2024, AMD had $4.5 billion in cash and cash equivalents against total debt of $1.7 billion. AMD took on debt to acquire Xilinx, but Xilinx generates healthy cash flow, and now that AMD ...
AMD shares fell 9% in extended trading Tuesday after the chipmaker reported data center sales figures that came in below Wall ...
Despite a strong performance in its financial performance, AMD expects first-quarter data center sales that may fall short of ...
Lisa Su, Chair and CEO, highlighted AMD's transformative year, emphasizing record annual revenue of $25.8 billion, a 14% increase year-over-year, driven by strong growth in the data center and client ...