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AMD Stock Plunges
AMD Stock Plummets on AI, Data Center Revenue Miss
Advanced Micro Devices reported better-than-expected earnings results, but soft data center revenue sparked a selloff in the stock.The semiconductor company reported fourth-quarter adjusted earnings per share of $1.
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.
AMD Stock Plunges as Wall Street Lowers Targets on Data Center Miss
AMD (AMD) stock plunged after its weak near-term outlook on data center growth prompted analysts to cut price targets, despite quarterly
AMD shares drop as data-center sales disappoint Wall Street despite AI chip growth
AMD shares fell by nearly 9% in after-hours trading, but the chipmaker is talking up a strong second half to 2025.
AMD shares dive
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 call that the company expects to generate tens of billions of dollars in annual revenue from the product segment in the “coming years.
AMD shares dive as AI chip revenue disappoints investors
(Reuters) -Advanced Micro Devices shares fell 9% in premarket trading on Wednesday, after the company's AI chip revenue failed to meet lofty expectations of investors betting billions on growth prospects of generative artificial intelligence.
AMD stops giving AI-chip revenue forecast. History says that’s not a great sign.
AMD did not break out a specific revenue number or forecast for its AI chips, a move that is bothering investors.
2h
on MSN
Nvidia Stock Rises. Why AMD, Alphabet Earnings Are Boosting the AI Chip Maker.
Nvidia was gaining early on Wednesday after Google-parent Alphabet committed to spending on artificial-intelligence ...
1h
on MSN
AMD tumbles after concerns over AI revenue growth gets rating cut at Citi
AMD's stock fell on Wednesday after fourth quarter results, as Data Center revenue missed expectations, which drew mixed ...
36m
Mark Zuckerberg Just Delivered Incredible News for Nvidia, AMD, and Micron Stock Investors
Advanced Micro Devices (AMD 4.58%), and Micron Technology (MU 0.82%) plunged on news that a Chinese start-up called DeepS ...
11h
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 ...
2d
AMD's AI bets face investor scrutiny as Big Tech switches to custom chips
AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter ...
12h
AMD’s AI Revenue Jumps, But Misses Estimates
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the ...
18m
AMD Earnings: Data Center and PC Shine
AMD's overall revenue shot up 24% year over year in the fourth quarter. The data center segment, which accounts for AMD's ...
13h
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.
6h
After Nvidia, AI now also brings AMD record figures
AMD closes 2024 with record sales. For the first time, company boss Lisa Su is specific about the share of AI accelerators.
3h
AI Chips Update - AMD Drives Innovation With Record Revenue In The AI Industry
Recent developments in the AI chip market highlight significant advancements as companies rapidly push technological ...
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