Advanced Micro Devices Inc. (AMD)
AMD shares fall as forecast fails to impress despite strong AI growth
Advanced Micro Devices (AMD) reported third-quarter results on Tuesday, with earnings in line with forecasts and revenue that slightly beat expectations. AMD said its data center business doubled in sales for the second quarter in a row, but overall revenue guidance for the fourth quarter was in line with consensus expectations.
Chipmaker AMD beats estimates for third-quarter revenue
Advanced Micro Devices beat analyst estimates for third-quarter revenue on Tuesday, betting on strong demand for its high-priced AI data center chips as businesses rush to adopt generative artificial intelligence technology.
How To Trade Today's AMD Earnings
AMD is about to post earnings soon after this hits your inbox, after markets close today (along with GOOGL). Options traders are staking some big claims about what the outcome of that earnings release will be.
What You Need To Know Ahead of AMD's Earnings
UPDATE—Oct. 29, 2024: This article has been updated to reflect more recent share price information.
AMD & NVDA's Risk/Reward Story, "Steer Clear" of GOOGL
AMD Inc. (AMD) reports earnings after the closing bell. Ivana Delevska believes Nvidia (NVDA) is a great trade in the A.I.
Analysts revise AMD stock price target ahead of earnings
A significant driver of the ongoing two-year bull run is the potential of AI to revolutionize entire industries.
Will AMD Stock Report Explosive AI Revenue Growth?
Can Advanced Micro Devices increase its MI300X revenue guidance again?
Better Artificial Intelligence Stock: Nvidia vs. AMD
Which of these AI-oriented chipmakers is the better buy right now?
AMD Q3 Earnings On Deck: Mixed Signals On Charts As AI, Server Gains Take Focus
Advanced Micro Devices Inc AMD will be reporting its third-quarter earnings on Wednesday. Wall Street expects 92 cents in EPS and $6.71 billion in revenues as the company reports after market hours.
Will AMD Stock Climb on Strong Data Center Revenues in Q3 Earnings?
Advanced Micro Devices' third-quarter 2024 earnings are likely to have gained from strong client and data center growth despite sluggish PC end market.
AMD Q3 Preview: Status Of The Cycle
TSM recently reported strong Q3 earnings, largely driven by AI and high-performance computing demand. TSM's earnings growth foreshadows a strong Q3 from AMD, given AMD's position in these segments. In particular, when considered in combination with AMD's historical cyclicality, I think AMD is very likely entering a new expansion phase.
AMD Q3 Preview: Strong Blackwell Competitor
Advanced Micro Devices, Inc. shares have surged 11% since August, outperforming the market, driven by investor confidence in their new MI325X AI chip ahead of Q3 earnings. The MI325X chip, with advanced AI capabilities, is set to challenge Nvidia's Blackwell GPU by offering competitive performance at a lower total cost of ownership. AMD's strategy includes enhancing their ROCm software framework to ease transitions from Nvidia's CUDA, aiming to capture more market share in AI inferencing.
