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AMD shares drop more than 6%, close at lowest since 2023 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 stock drops nearly 10% on earnings as AI data center business disappoints. Meanwhile, Nvidia pops
AMD stock is down as the AI chipmaker beat Wall Street expectations for its top and bottom line numbers, but fell short on data center sales.
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 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 Stock Slumps as Analysts Cut Price Targets After Data Center Revenue Misses Estimates
Key Takeaways Advanced Micro Devices shares plunged Wednesday after the chipmaker’s data center sales missed expectations.Analysts said AMD hasn’t shown how it can compete with Nvidia’s dominance in the AI chip market.
AMD Stock Falls on Disappointing Revenue for Data Center Chips
AMD revenue came in at $7.7 billion, above analysts’ expectations for $7.5 billion, but the company’s data-center unit came in soft.
AMD reports profit beat, as data center sales nearly double for year
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024. Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings,
AMD's Data Center Revenue Hits Record High But Misses Expectations
Advanced Micro Devices (AMD) posted fourth-quarter revenue and adjusted earnings that beat expectations, but data center sales came up short. The chipmaker's revenue grew 24% year-over-year to a record $7.
AMD reports profit beat, but misses on data center revenue
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024, but still fell short of estimates. The stock fell in extended trading. Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings,
21h
AMD: Don't Mistake This As A Buying Opportunity - Reiterate Sell
AMD's disappointing 4Q24 results and upcoming challenges in the AI battle against Nvidia and Intel suggest more downside ...
1d
Google Issues AMD Zen Security Alert
Google security hackers have confirmed a confidential computing compromise that targets AMD Zen-based devices.
2d
Why AMD Stock Is Sinking After Earnings
Shares in Advanced Micro Devices (AMD) fell after results from the company underwhelmed investors, with [slower-than-expected ...
2d
on MSN
AMD Ryzen 7 9800X3D accounts for nearly all Zen 5 sales
Recent sales data from German retailer MindFactory highlights a striking trend in AMD’s Zen 5 CPU lineup, with the Ryzen 7 ...
The American Journal of Managed Care
19h
5 Things to Know During AMD Awareness Month
Signs and symptoms of age-related macular degeneration (AMD) are important to spot to prevent further deterioration of sight.
2d
AMD Stock Dips After Earnings, Sparking Fears About Its AI Future
Advanced Micro Devices (NASDAQ:AMD) recently released its Q4 earnings report, and despite surpassing earnings expectations, ...
1d
AMD Ryzen 9800X3D stock demand so high, production has been “ramped up”
AMD VP David McAfee shared that X3D gaming CPUs such as the 9800X3D have seen massively "ramped up" production to help deal ...
2d
AMD promises “mainstream” 4K gaming with next-gen GPUs as current-gen GPU sales tank
But hope springs eternal. Su confirmed on AMD's earnings call that the new Radeon RX 9000-series cards, announced at CES last ...
2d
on MSN
Stock market today: Alphabet and AMD weigh on a mixed Wall Street following their profit reports
Google's parent company and other tech stocks are weighing on a mixed Wall Street Wednesday as the focus swings back toward ...
17h
AMD: The Dip Is Overdone, Ignore Short-Term Noise
Advanced Micro Devices, Inc. is a Strong Buy due to its strong execution, AI-driven growth, expanding market share, and ...
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