AMD (Advanced Micro Devices) Stock News

SANTA CLARA, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that Keith Strier has joined the company as senior vice president of global AI markets. Strier has more than 30 years of experience in strategic business and market development, technical engineering and enabling responsible AI deployments. He most recently served as vice president of worldwide AI initiati...

US stocks faced a sharp decline on Tuesday, driven by underperforming technology shares and renewed concerns about the economy's health. The Dow Jones Industrial Average dropped by 480 points or 1.2%, the S&P 500 fell 1.3%, and the Nasdaq Composite saw a steeper decline of 1.8%.

For investors who envision the next leg of the bull market, finding growth stocks that fit one's investing criteria is important.

Nvidia's B200 dominates the competition in the latest industry standard benchmark.

More companies are using Palantir's AI software to save time and money analyzing data. Advanced Micro Devices is seeing growing demand for its processors in AI-powered PCs and data centers.

AMD's Data Center revenue surged 115% YoY in Q2 2024, driven by Instinct MI300 AI accelerators and EPYC processors, leading to raised revenue guidance and a BUY rating. Client segment revenue grew 49% YoY, fueled by strong Ryzen processor demand and Zen 5 sales, prompting an increased revenue forecast for 2024 and 2025. Gaming segment revenue fell 59% YoY due to weak console demand, resulting i...

Artificial intelligence (AI) is a concept that's been around since 1950, when Alan Turing first coined the term.

Advanced Micro Devices, Inc. stock has been trading in bear market territory for several months now, still down around 30% from its all-time high. While Nvidia Corporation is celebrated as the market leader in the AI era, mounting evidence is calling for a reality check about chip demand trends that keeps AMD in the game. Even Nvidia CEO Jensen Huang has gradually begun admitting a truth about ...