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AMD Stock Plunges
AMD Stock Plummets on AI, Data Center Revenue Miss
Advanced Micro Devices reported better-than-expected earnings results, but soft data center revenue sparked a selloff in the stock.The semiconductor company reported fourth-quarter adjusted earnings per share of $1.
AMD Earnings: Data Center and PC Shine
AMD's PC-centric client segment also shined, with revenue up 58% year over year to $2.3 billion. The company is likely benefiting from Intel 's ( INTC -0.46%) struggles. Intel's PC chips have been a mixed bag as of late in terms of performance, with its Arrow Lake desktop CPUs particularly disappointing.
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
2h
on MSN
Nvidia Stock Rises. Why AMD, Alphabet Earnings Are Boosting the AI Chip Maker.
Nvidia was gaining early on Wednesday after Google-parent Alphabet committed to spending on artificial-intelligence ...
1h
on MSN
AMD tumbles after concerns over AI revenue growth gets rating cut at Citi
AMD's stock fell on Wednesday after fourth quarter results, as Data Center revenue missed expectations, which drew mixed ...
1h
Mark Zuckerberg Just Delivered Incredible News for Nvidia, AMD, and Micron Stock Investors
Advanced Micro Devices (AMD 4.58%), and Micron Technology (MU 0.82%) plunged on news that a Chinese start-up called DeepS ...
CRN
14h
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 ...
1h
AMD Q4: The Next Nvidia Or The Next Intel?
Advanced Micro Devices delivered record Q4 revenues and EPS, but the stock dropped. See why I rate AMD a strong buy.
2h
Citi downgrades AMD to Neutral on slowing AI growth
Citi analyst Christopher Danely downgraded AMD (AMD) (AMD to Neutral from Buy with a price target of $110, down from $175. The company reported ...
TweakTown
9h
AMD downplays DeepSeek threat: '[Innovation is] good for AI adoption'
In a recent Q4 earnings call, AMD's CEO Lisa Su provided some comments on hardware sales, demand for AI, and DeepSeek's ...
7h
After Nvidia, AI now also brings AMD record figures
AMD closes 2024 with record sales. For the first time, company boss Lisa Su is specific about the share of AI accelerators.
Money Morning
1h
AMD Stock Down 9% on Growth Forecast
The growth was driven by its x86 PC CPU business rocketing 56% higher. Although gaming revenue was down 59% year-over-year, it was up 22% from the third quarter to $538 million. All eyes, however, ...
13h
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.
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