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SOURCE: COMPANY REPORTS. AMD's Data Center revenue, which includes sales of AMD's GPUs and CPUs, topped out at $2.8 billion, beating expectations of $2.75 billion. That's a 115% jump versus the ...
Advanced Micro Devices (NASDAQ: AMD) stock is surging in Wednesday's trading. The semiconductor company's share price was up 7.3% as of 10:45 a.m. ET, according to data from S&P Global Market ...
AMD stock gained 43% in the last 12 months. Investors can gain exposure to the stock via Invesco QQQ Trust, Series 1 (NASDAQ: QQQ ), and SPDR S&P 500 (NYSE: SPY ).
CEO Lisa Su believes the AI chip market will reach $400 billion by 2027. AMD is on pace to capture just a fraction of that figure -- around $12 billion in data center sales this year. AMD's data ...
AMD is jumping on the AI bandwagon. Shares of Advanced Micro Devices (NASDAQ: AMD) were flying higher today, sparking a broad recovery in the chip sector as AMD reported soaring demand in its data ...
Because of surging demand, AMD CEO Lisa Su said, the company boosted its 2024 AI chip revenue forecast to $4.5 billion from a previous target of $4 billion. The supply of such chips will remain ...
AMD Stock Is a Buy Thanks to This Improving Metric. Will Healy, The Motley Fool. August 7, 2024 at 9:45 AM. It's been tough going for Advanced Micro Devices (NASDAQ: AMD) lately. Analysts and ...
The stock is up 8% on Wednesday. In Q3, AMD reeled in $5.8 billion in revenue and $0.70 in EPS, but forecasted $6.1 billion in revenue for the next quarter, missing analysts' expectations of $6.4 ...
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