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 Posts Higher 4Q Revenue on Continued Data-Center Demand
For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion, the midpoint of which beat the $7 billion that analysts surveyed by FactSet had forecast.
AMD Q4 Earnings: Revenue Beat, EPS Beat, Data Center Up 69%, 'Clear Opportunities' For Continued Growth And More
Q4 Earnings: AMD reported fourth-quarter revenue of $7.66 billion, beating analyst estimates of $7.53 billion. The chipmaker reported fourth-quarter adjusted earnings of $1.09 per share, beating analyst estimates of $1.08 per share, according to Benzinga Pro.
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 announced. During the company’s Q4 2024 earnings call Tuesday, AMD CEO Lisa Su said AMD plans to sample the MI350 with “lead customers” this quarter,
AMD Record Growth Driven by Data Center
Advanced Micro Devices posts strong revenue growth, beating analyst expectations, though challenges remain in specific market segments.
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.
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Meet Time CEO of the year Lisa Su, who grew AMD’s share price by 50x and is related to Nvidia’s Jensen Huang
Advanced Micro Devices (AMD) CEO Lisa Su's out-of-hours expectations are going viral after being named Time’s CEO of the year. There are two types of leaders: those who promote a firm ...
AMD stock gains after strong Q4 results, AI-driven growth
Investing.com-- Advanced Micro Devices Inc (NASDAQ:AMD) reported better-than-expected fourth quarter earnings and revenue, driving its stock up 4% in after-hours trading.
Last Minute Thought: Top Analyst Weighs In on AMD Stock Ahead of Earnings
Advanced Micro Devices (NASDAQ:AMD) shares have been on a rollercoaster over the past year. At the start of 2024, the chip ...
Stock-Split Watch: Is Advanced Micro Devices Next?
Advanced Micro Devices (AMD -6.37%) has been a top performer in the semiconductor industry over the last decade. The fabless chip stock has grabbed market share from Intel PCs and ...