AMD pulls up release of its next-gen data center GPUs

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 Stock Craters On Soft AI Data Center Business
AMD stock plunged after the chipmaker reported weaker-than-expected sales of chips for artificial intelligence data centers.
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 planned.
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 Stock Slumps as Analysts Cut Price Targets After Data Center Revenue Misses Estimates
Key Takeaways Advanced Micro Devices shares plunged Wednesday after the chipmaker’s data center sales missed expectations.Analysts said AMD hasn’t shown how it can compete with Nvidia’s dominance in the AI chip market.
AMD sees Q1 data center revenue down quarter-over-quarter
Sees AI data center demand environment to strengthen in 2025. Sees AI chip at tens of billions in next couple of years. Says cheaper AI models
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'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.
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 Record Growth Driven by Data Center
Advanced Micro Devices posts strong revenue growth, beating analyst expectations, though challenges remain in specific market segments.
AMD’s AI Revenue Jumps, But Misses Estimates
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the ...
AMD Tumbles After Giving Disappointing Outlook for AI Growth
Advanced Micro Devices Inc. tumbled in late trading after giving a disappointing outlook for its data center business, an ...
Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies by Early 2026
Hans Mosesmann at Rosenblatt Securities recently reiterated his AMD target price of $250 per share. That forecast implies 127 ...
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, ...
CRN1d
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 ...
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 ...