Shares of AMD (AMD) fell 9% in after-hours trading, even though a few analysts had recently predicted the chip maker would stop providing guidance for its MI300 family of AI-focused graphics chips.
After making more than $5 billion from Instinct data center GPUs in 2024, AMD CEO Lisa Su said in a fourth-quarter earnings ...
And if ever there was a limelight moment in that regard, AMD found it with the introduction of its new chip and platform architecture formerly known by the code name Strix Halo, and unveiled ...
For 2024, AMD said it generated more than $5 billion of AI chip revenue. During a conference call with analysts, AMD Chief Executive Lisa Su said the company's data center sales in the current ...
(Reuters) -Advanced Micro Devices shares tumbled 8% on Wednesday after the company's AI chip revenue failed to ... consensus estimate of $4.15 billion. "AMD may still be taking market share ...
AMD is set to report fourth-quarter financial results after the market close on Tuesday. The chipmaker is expected to report earnings of $1.08 per share and revenue of $7.53 billion, according to ...
Some of its peers, such as Goldman Sachs and KeyBank Capital Markets, recently lowered their AMD price targets on fears around its competitiveness in the AI-chip and accelerated-computing spaces.
David McAfee, AMD head of Client Channel Business, was asked by TechPowerUp about the company's chip sales and whether they were skewed towards newer X3D processors.
AMD's AI chip revenue fails to impress investors, shares fall 5% Nvidia's dominance in AI chips challenges AMD's market position AMD forecasts Q1 revenue above analyst estimates, driven by PC ...
Advanced Micro Devices AMD-Q shares tumbled 8 per cent on Wednesday after the company’s AI chip revenue failed to meet analysts’ high expectations, underscoring its struggle to grab market ...
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