#amd

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    AMD Q3 2024 Earnings Report: Robust Analysis Of key Metrics, Segment Performance, and Market Reaction.

    Revenue and EPS Overview Advanced Micro Devices (AMD) reported third-quarter 2024 revenue of $6.82 billion, a 17.6% year-over-year increase. This figure outperformed the Zacks Consensus Estimate of $6.71 billion, resulting in a revenue surprise of 1.59%. AMD posted earnings per share (EPS) of...
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    AMD BEGINS MASS PRODUCTION OF MI325X AI CHIP, PREPARES FOR MI350 SERIES IN 2025.

    Advanced Micro Devices, Inc. (AMD) has officially entered mass production for its MI325X AI chip, marking a significant milestone in its AI ambitions. In a forward-looking move, AMD is also preparing the next-generation MI350 series, slated for release in 2025. These developments come amid a...
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    AMD LAUNCHES RYZEN™ AI PRO 300 SERIES PROCESSORS FOR NEXT-GENERATION COMMERCIAL PCs

    On October 10, 2024, Advanced Micro Devices (AMD) unveiled its latest Ryzen AI PRO 300 Series processors, built to revolutionize business computing through unprecedented AI processing capabilities and industry-leading performance. The new processors, featuring AMD's “Zen 5” architecture and...
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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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