The reaction was perhaps a bit harsh on AMD, which said the data center business grew its sales by 94%, to $12.6 billion, in fiscal 2024. That’s thanks to an increase in sales of its Instinct GPUs and ...
Advanced Micro Devices posted higher quarterly revenue thanks to significant growth in its data-center business. The chipmaker said sales across its data-center division, which includes its artificial ...
Advanced Micro Devices is set to report its fourth-quarter results after the market closes Tuesday, with analysts projecting revenue and earnings growth.
Advanced Micro Devices forecast first-quarter revenue above Wall Street estimates on Tuesday, betting on strong demand for ...
While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark.
Key Takeaways AMD shares fell 9% in extended trading Tuesday after the chipmaker reported data center sales figures that came in below Wall Street estimates.The stock has trended sharply lower within ...