AMD Tumbles After Giving Disappointing Outlook for AI Growth
Advanced Micro Devices Inc. tumbled in late trading after giving a disappointing outlook for its data center business, an area where it’s struggling to catch up with AI computing leader Nvidia Corp.
AMD shares drop 10% on disappointing data center revenue
Advanced Micro Devices shares fell on Wednesday after the chipmaker under-delivered on Wall Street's estimates for its important data center business.
AMD shares drop as data-center sales disappoint Wall Street despite AI chip growth
AMD shares fell by nearly 9% in after-hours trading, but the chipmaker is talking up a strong second half to 2025.
AMD's Disappointing Data Center Outlook
Advisors Capital Management partner JoAnne Feeney discusses the disappointing AI data center outlook from AMD. She joins Caroline Hyde and Jackie Davalos on "". (Source: Bloomberg)
AMD shares tumble as CEO forecasts declining data center sales
Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia, even as its quarterly results and revenue outlook exceeded analyst estimates on Tuesday.
AMD sees Q1 data center revenue down quarter-over-quarter
Sees AI data center demand environment to strengthen in 2025. Sees AI chip at tens of billions in next couple of years. Says cheaper AI models
AMD Posts Higher Revenue on Continued Data-Center Demand
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion.
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India's richest person wants to build the world's largest data center, five times the capacity of Microsoft's biggest site
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Nvidia Jumps on Super Micro Saying Blackwell-Based System Ready
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