ADVANCED Micro Devices (AMD) tumbled in late trading after giving a disappointing outlook for its data centre business, an ...

AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally ...

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 ...

Its Q4 and full-year 2024 earnings boast record revenue for both data center and client divisions — the latter of which ...

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 ...

India’s quest to develop its proprietary AI chip, crucial for running generative AI models like ChatGPT, reflects concerns ...

AMD is trying to persuade some of the biggest companies in the world to include its AI products in their data centre ...

AMD is absolutely dominating the CPU market in Germany: AM5 and AM4 sockets have 92% market share, leaving Intel with a ...

Nvidia Corp. in the market for artificial intelligence computing. Though AMD’s overall revenue topped estimates — and it ...

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 (NASDAQ:INTC). Still, shares ...

AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024. Advanced Micro ...

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 ...