AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally ...
Shares of AMD are down about 26% from last quarter, after reaching a high in 2024 of around $227, as investors got over-exuberant about the company's AI chips and expectations got too frothy. At one ...
Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia , ...
AMD is rumored to unveil the RX 9070 series later this month, with potential details on pricing and performance.
(Reuters) -Advanced Micro Devices shares fell 9% in premarket trading on Wednesday, after the company's AI chip revenue ...
Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia, ...
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 ...
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 ...
Competition and geopolitical risks exist, but AMD’s strategic pivot, open-source ROCm, and cost efficiency bolster the ...
After making more than $5 billion from Instinct data center GPUs in 2024, AMD CEO Lisa Su said in a fourth-quarter earnings ...
Predicts more efficient ML architectures will drive adoption, see Instinct sales accelerate, shares dive AMD's chief exec ...