AMD shares drop more than 6%, close at lowest since 2023 on disappointing data center revenue
Advanced Micro Devices shares fell on Wednesday after the chipmaker under-delivered on Wall Street's estimates for its important data center business.
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 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 planned.
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 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 Stock Falls on Disappointing Revenue for Data Center Chips
AMD revenue came in at $7.7 billion, above analysts’ expectations for $7.5 billion, but the company’s data-center unit came in soft.
AMD reports profit beat, as data center sales nearly double for year
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024. Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings,
AMD's Data Center Revenue Hits Record High But Misses Expectations
Advanced Micro Devices (AMD) posted fourth-quarter revenue and adjusted earnings that beat expectations, but data center sales came up short. The chipmaker's revenue grew 24% year-over-year to a record $7.
AMD reports profit beat, but misses on data center revenue
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024, but still fell short of estimates. The stock fell in extended trading. Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings,
AMD Tumbles After Giving Disappointing Outlook for AI Growth
AI computing leader Nvidia Corp.The division will grow by a percentage in the “strong” double digits this year, AMD said on a ...
TweakTown2h
AMD CEO Lisa Su confirms release date for Radeon 9070 XT and RDNA 4
AMD is finally ready to launch its RDNA 4 gaming GPUs, with the Radeon RX 9070 and Radeon RX 9070 XT arriving in early March ...
AMD promises “mainstream” 4K gaming with next-gen GPUs as current-gen GPU sales tank
But hope springs eternal. Su confirmed on AMD's earnings call that the new Radeon RX 9000-series cards, announced at CES last ...
AMD's $4.9 bln ZT Systems deal faces EU antitrust decision by March 12
European Union antitrust regulators will decide by March 12 whether to clear U.S. chipmaker AMD's $4.9 billion bid for server ...
AMD Earnings: Stock Tests Lowest Since Late 2023
Shares in Advanced Micro Devices (AMD) fell after results from the chip maker underwhelmed investors, with ...
AMD Will Report Its Q4 Earnings Today. Here Is What to Expect
Advanced Micro Devices (AMD), a semiconductor company, will release its Q4 financials today. AMD stock has dropped over 34% ...
Confirmed: AMD's RDNA 4 Radeon RX 9000 Series GPUs Arrive In Early March
AMD has confirmed its Radeon RX 9000 series GPUs will launch in early March, ending weeks of speculation. The company ...
AMD shares dive over 8% after results
Shares in Advanced Micro Devices dropped almost 9% in Europe on Wednesday after the company's chief executive forecast a ...
AMD CEO confirms Radeon RX 9070 GPUs are coming early March.
AMD announced the new RDNA 4 cards at CES without a release date beyond “Q1,” and AMD exec David McAfee later narrowed that ...
AMD Ryzen 7 9800X3D accounts for nearly all Zen 5 sales
Recent sales data from German retailer MindFactory highlights a striking trend in AMD’s Zen 5 CPU lineup, with the Ryzen 7 ...