AMD

US: Nasdaq, S&P 500 open lower as Alphabet, AMD forecasts disappoint
US: Nasdaq, S&P 500 open lower as Alphabet, AMD forecasts disappoint
February 5, 2025
THE tech-heavy Nasdaq led losses among the major Wall Street indexes at the open on Wednesday (Feb 5), following downbeat forecasts from Alphabet and AMD in a busy day...
AMD tumbles after giving disappointing outlook for AI growth
AMD tumbles after giving disappointing outlook for AI growth
February 5, 2025
ADVANCED Micro Devices (AMD) tumbled in late trading after giving a disappointing outlook for its data centre business, an area where it’s struggling to catch up with artificial intelligence...
AMD adds Dell as commercial PC customer for the first time
AMD adds Dell as commercial PC customer for the first time
January 7, 2025
ADVANCED Micro Devices (AMD), the second-biggest maker of computer processors, said its chips will be used by Dell Technologies for the first time in personal computers (PCs) sold to...
AMD tumbles after AI chip growth fails to inspire investors
AMD tumbles after AI chip growth fails to inspire investors
October 29, 2024
ADVANCED Micro Devices (AMD) slid in late trading after the chipmaker’s revenue forecast missed analysts’ estimates, a sign its artificial intelligence (AI) sales are growing more slowly than some...
US weighs capping exports of AI chips from Nvidia and AMD to some countries
US weighs capping exports of AI chips from Nvidia and AMD to some countries
October 15, 2024
BIDEN administration officials have discussed capping sales of advanced artificial intelligence (AI) chips from Nvidia and other American companies on a country-specific basis, sources familiar with the matter said,...
AMD sees next AI chip in mass production later this year
AMD sees next AI chip in mass production later this year
October 10, 2024
ADVANCED Micro Devices (AMD) said on Thursday (Oct 10) it plans to start mass production of a new version of its artificial intelligence (AI) chip called the MI325X in...
AMD to acquire server builder ZT Systems for US.9 billion in cash and stock
AMD to acquire server builder ZT Systems for US$4.9 billion in cash and stock
August 19, 2024
AMD on Monday (Aug 19) said it plans to acquire server maker ZT Systems for US$4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips...
AMD forecasts US.5 billion of AI chip revenue this year, shares jump 7%
AMD forecasts US$4.5 billion of AI chip revenue this year, shares jump 7%
July 30, 2024
ADVANCED Micro Devices (AMD) forecast third-quarter revenue above market estimates on Tuesday (Jul 30), banking on demand for its artificial intelligence (AI) chips staying strong.Shares of the Santa Clara,...
Intel battles AMD with new data centre chips
Intel battles AMD with new data centre chips
June 4, 2024
INTEL launched its next generation Xeon server processors on Tuesday (Jun 4), as it looks to claw back data centre market share and revealed that its Gaudi 3 artificial...
Nvidia and AMD square off in fight to take control of AI
Nvidia and AMD square off in fight to take control of AI
June 4, 2024
NVIDIA and Advanced Micro Devices’s (AMD) chiefs showcased new generations of the chips powering the global boom in artificial intelligence (AI) development, deepening a rivalry that’s shaping the future...