AMD could lose around $25 billion in market value, if the losses hold. The company has been one of the biggest winners of the chip demand boom sparked by the rise of generative AI, with its shares ...
"Clearly, AMD's (fourth-quarter) outlook was not good enough for investors." Revenue in its data center business, which includes AI chips, surged 122% to $3.5 billion. AMD still trails front ...
AMD’s RDNA 4 graphics cards (also referred to as the Radeon RX ... to AMD’s RX 7700 XT, but at a reduced price. Some sources pin it as an improvement over the RX 7600 XT, but a downgrade ...
(Reuters) - Advanced Micro Devices (NASDAQ:AMD) shares fell 8% on Wednesday after the chip company's revenue forecast failed to impress investors looking for a bigger windfall from the AI boom.
Advanced Micro Devices shares fell 8 per cent on Wednesday after the chip company's revenue forecast failed to impress investors looking for a bigger windfall from the AI boom. AMD could lose ...
“In addition to a strong increase in gaming performance, RDNA 4 delivers significantly higher ray tracing performance and adds new AI capabilities,” Su said on the call. AMD expects its gaming ...
AMD stock slid nearly 7% in extended trading, erasing most of the 8% gain in the last three trading days and much of the more than 10% gained this year. Demand for AI chips from big technology ...
A key driver of this optimism is AMD’s advancements in AI and data center technology, with AI GPU revenue expected to exceed $5 billion in 2024, a substantial increase from previous estimates.
Prior to being bought by AMD, this company was reportedly the largest private AI lab in Europe. The data center's revenue marked a fourth consecutive quarterly high, driven largely by the strong ...
Sales of AMD's Radeon graphics processors ... whether all of these enhancements for AI will be enabled on client graphics cards and not reserved for Radeon Pro add-in-boards aimed at workstations ...