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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 ...
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 stock is still expensive, as investors are pricing in future growth from AI, but the recent round of results show that AMD is capable of capitalizing on the opportunity in AI.
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 company forecast revenue of $6.7 billion, plus or minus $300 million, for the third quarter, compared with analysts' average estimate of $6.61 billion, according to LSEG data.
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 ).
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 ...
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