By Kanchana Chakravarty and Zaheer Kachwala (Reuters) -Advanced Micro Devices shares tumbled more than 10% on Wednesday after ...
AMD, one of the biggest providers of chips for personal computer and servers, reported quarterly results and revenue outlook ...
By Kanchana Chakravarty and Zaheer Kachwala (Reuters) -Advanced Micro Devices shares tumbled 8% on Wednesday after the ...
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this ...
Citi analyst Christopher Danely downgraded AMD (AMD) (AMD to Neutral from Buy with a price target of $110, down from $175. The company reported ...
Competition and geopolitical risks exist, but AMD’s strategic pivot, open-source ROCm, and cost efficiency bolster the ...
Advanced Micro Devices shares fell on Wednesday after the chipmaker under-delivered on Wall Street’s estimates for its ...
AMD reported $3.86 billion in data center sales, which was up 69% on a year-over-year basis. The company said the increase ...
The reaction was perhaps a bit harsh on AMD, which said the data center business grew its sales by 94%, to $12.6 billion, in fiscal 2024. That’s thanks to an increase in sales of its Instinct GPUs and ...
The company's fourth-quarter data center revenue - a proxy for its AI performance - jumped 69 per cent to $3.9 billion, ...