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AMD, AI
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's AI chip revenue miss hits shares amid pressure from Nvidia
By Kanchana Chakravarty and Zaheer Kachwala (Reuters) -Advanced Micro Devices shares tumbled 8% on Wednesday after the company's AI chip revenue failed to meet analysts' high expectations, underscoring its struggle to grab market share from well-entrenched market leader Nvidia.
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.
Alphabet, AMD earnings spark Nasdaq, S&P 500 dip
Stock Market Today: S&P 500, Nasdaq Fall; Google, AMD in Focus
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Stock market decline: Alphabet, AMD earnings spark Nasdaq, S&P 500 dip
US stocks opened lower Wednesday as the Nasdaq and S&P 500 felt impact from Alphabet, AMD and renewed AI worries.
Nasdaq Futures Lag as Alphabet, AMD Slide After Bleak Forecasts
U.S. stock index futures dipped on Wednesday, with the Nasdaq particularly impacted as shares of Alphabet and AMD fell following subdued forecasts, while negative earnings reactions in other sectors compounded losses.
17h
on MSN
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 ...
16h
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 ...
16h
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 ...
1d
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 ...
23h
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, ...
TweakTown
7h
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 ...
11h
on MSN
Shake it off! Stocks recover to end up despite Alphabet, AMD slump as investors look wider
US stocks reverse early losses to end higher on Wednesday despite Alphabet's drop. Investors shift to other firms with strong ...
2d
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% ...
The Next Platform
12h
AMD Moves Up Instinct MI355X Launch As Datacenter Biz Hits Records
When we first started The Next Platform a decade ago, there was not really much of a reason to cover the company’s datacenter ...
1d
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 ...
16h
on MSN
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 ...
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