#amd

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    AMD Releases 2023-24 Corporate Responsibility Report: A Comprehensive Approach to Sustainability, Innovation, and Inclusion

    Overview: Advanced Micro Devices, Inc. (AMD) has unveiled its 2023-24 Corporate Responsibility Report, which showcases the company's significant achievements in environmental sustainability, industry collaboration, and the development of inclusive workplace practices. The report highlights AMD’s...
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    Nvidia Faces Stiffer Competition from AMD, but Stock Rises

    Nvidia's stock surged 4.4% on Monday, closing at $130, despite facing increased competition from Advanced Micro Devices (AMD). Investors are optimistic ahead of Nvidia's earnings report on August 28, anticipating strong performance. Melius Research analyst Ben Reitzes maintained a Buy rating...
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    AMD to Acquire ZT System in $4.9 Billion Deal

    Advanced Micro Devices Inc. (AMD) has announced a strategic acquisition of server manufacturer ZT Systems in a cash and stock deal valued at $4.9 billion. This acquisition is part of AMD’s aggressive strategy to strengthen its position in the data center and AI markets, directly challenging...
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    AMD Completes Strategic Acquisition of SILO AI to Enhance AI Capabilities

    Advanced Micro Devices, Inc. (AMD) has completed the acquisition of Silo AI, Europe's largest private AI lab, in a deal valued at approximately $665 million. This strategic move is set to significantly bolster AMD's AI capabilities, enabling the company to accelerate the development and...
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    AMD Stock Jumps on Better-Than-Expected Outlook, AI Sales

    Advanced Micro Devices, Inc. (NASDAQ: AMD) posted a second-quarter earnings win with a slight beat on analyst expectations, resulting in a more than 9% rise in AMD stock during premarket trading Today Key Financial Highlights: Adjusted Earnings Per Share (EPS): $0.69, just above the $0.68...
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