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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 ...
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 ...
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 ...
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 ...
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 ...
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.
In today's video, I discuss recent updates impacting Advanced Micro Devices (NASDAQ: AMD).Check out the short video to learn more, consider subscribing, and click the special offer link below.
Loaded 0%. Advanced Micro Devices ( AMD) investors may be right to be programming their minds for more stock-price gains. Shares of the semiconductor company popped over 2% in pre-market trading ...
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