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AMD, Data Center
AMD Stock Slumps as Analysts Cut Price Targets After Data Center Revenue Misses Estimates
Key Takeaways Advanced Micro Devices shares plunged Wednesday after the chipmaker’s data center sales missed expectations.Analysts said AMD hasn’t shown how it can compete with Nvidia’s dominance in the AI chip market.
AMD posts Q4 2024 revenue of $7.66 billion, data center revenues are up 69% from last year
AMD Q4 2024 revenues hit $7.6 billion, net income of $482 million with its data center revenue driving $3.9 billion for the quarter, up 69% from last year.
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.
17h
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 ...
7h
AMD Earnings: Stock Tests Lowest Since Late 2023
Shares in Advanced Micro Devices (AMD) fell after results from the chip maker underwhelmed investors, with ...
CRN
20h
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 ...
22h
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.
22h
AMD’s chips are winning again — and they’ve officially powered 100 million game consoles.
Its Q4 and full-year 2024 earnings boast record revenue for both data center and client divisions — the latter of which ...
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