Advanced Micro Devices Inc. (AMD)
AMD lays off 4% of its workforce
AMD has confirmed that it's laying off 4% of its workforce to focus on “large growth opportunities.”
Where Will AMD Stock Be in 5 Years?
The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible upside in the future.
Wall Street predicts AMD stock price for next 12 months
After a range of new products unveiled at the ‘Advancing AI 2024' event sparked optimism in early October, Advanced Micro Devices' (NASDAQ: AMD) latest earnings report sent the company's shares across a rough patch in the stock market.
AMD: Lagging AI Growth Shouldn't Last
Advanced Micro Devices, Inc.'s Data Center revenue is surging due to AI demand, but overall growth lags Nvidia, impacting stock performance. Gaming and Embedded segments are struggling, but Data Center sales are expected to drive future growth, with no sizable segment dragging the business down going forward. AMD stock only trades at 21x '26 EPS targets with substantial upside to estimates, if new GPUs like the Mi350 take market share at lower price points.
Why The Market Doesn't Care About AMD's AI Revenue
Despite its strong AI accelerator technical performance, Advanced Micro Devices, Inc. struggles to compete effectively in terms of market share and absolute dollars. Its Data Center operating margins aren't competitive internally, let alone against Nvidia. AMD requires significantly more R&D as a percent of revenue to be a distant second than Nvidia requires maintaining the lead.
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AMD: Recent Correction Provides New Opportunity
AMD's recent earnings result showed strong potential for its Data Center business and, specifically, its AI chips. The company projected $5 billion in AI chip revenue for 2024, which is up from $4.5 billion in earlier projections. AMD is in a good spot to deliver over $10 billion in AI chip revenue in 2025 and will likely be a main competitor for Nvidia in this segment.
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Why Is Everyone Talking About AMD Stock?
The semiconductor design company is increasing its market share in the fast-growing data center segment.
What's Going on With AMD Stock?
The semiconductor design company is vying for a seat at the table in the race for artificial intelligence.
AMD: Why I'm Doubling Down
Data Center revenue hit $3.5 billion in Q3 2024, growing 122% year-over-year, fueled by AI demand. Ryzen processors drove Client segment revenue to $1.9 billion, a 29% year-over-year increase, bolstering AMD's profitability. Data Center operating income soared 240% to $1.041 billion, reflecting strong margins and high-demand products like EPYC CPUs.
AMD Stock Falls After Earnings: 3 Reasons to Buy the Stock Right Now
AMD's numbers weren't bad last quarter, and they could get a whole lot better next year.
