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July 31, 2024 at 11:00 AM. 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 ...
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 ...
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 ...
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 ).
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 ...
In the last 12 months, AMD has invested $125 million into different AI companies. In fact, just in 2023, the company acquired two AI start-ups -- Nod.ai and Mipsology. Moreover, back in 2020, AMD ...
On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%. Revenue at its data center business jumped 80% to $2.3 billion.
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