The company's MI300 accelerator has been a standout performer, with AMD raising its 2024 revenue forecast for this product line from over $4.5 billion to over $5 billion.

AMD stock price has bounced back in the past few months, mirroring the performance of most companies, which have soared after Donald Trump’s Liberation Day. It has jumped from a low of $76.43 in April ...

AMD's AI chip revenue fails to impress investors, shares fall 5%; Nvidia's dominance in AI chips challenges AMD's market position; AMD forecasts Q1 revenue above analyst estimates, driven by PC demand ...

AMD's Q4 revenue beat estimates, but analysts lowered price forecasts due to concerns over AI GPU demand and product transitions. AMD expects a slower revenue pace in 1H 2025, with a stronger ...

AMD has further raised its full-year revenue forecast for AI data center GPUs to US$4.5 billion, underscoring the surging demand for computing power driven by generative AI. The chipmaker is ...

AMD Looks to Challenge Nvidia With a New Chip. ... AMD has steadily increased its revenue for data center GPUs this year from an original forecast of more than $3.5 billion to most recently $4.5 ...

AMD expects $1.5 billion hit to 2025 revenue due to Chinese chip sales restrictions Although AMD just reported a beat on all fronts, the company is forecasting a major revenue hit for the upcoming ...

As a result, Intel is forecasting revenue of $11.2 billion to $12.4 for its second quarter, a “wider-than-normal” range that would represent a decrease of 2 to 12 percent sequentially in ...

Reitzes has lifted his AMD AI revenue forecast to $13.1bn by 2027, more than double this year’s sales, and raised his price target by 59 per cent to $175 per share. Analysts have become more confident ...

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading lower on Wednesday. Yesterday, the company reported fourth-quarter revenue of $7.66 billion, beating analyst estimates of $7.53 billion.

AMD Looks to Challenge Nvidia With a New Chip. ... AMD has steadily increased its revenue for data center GPUs this year from an original forecast of more than $3.5 billion to most recently $4.5 ...

Advanced Micro Devices (NASDAQ: AMD) recently introduced its latest artificial intelligence (AI) chip as it looks to make a dent in Nvidia's (NASDAQ: NVDA) huge market share. While AMD, as it is ...