AMD, reports earnings
Digest more
In other words, it is possible to be more confident about the company's continued operational momentum for the rest of the year, as Dr. Lisa Su (AMD's CEO) mentioned in the earnings release: "Our record third quarter performance and strong fourth quarter guidance marks a clear step up in our growth trajectory as our expanding compute franchise and rapidly scaling data center AI business drive significant revenue and earnings growth.
The chip maker reported steep gains in both profit and sales for the third quarter as it moved deeper into AI data centers and increased sales of personal computer processors.
Shares of Advanced Micro Devices ($AMD) are down in after-hours trading after the chipmaker reported Q3 earnings results. Earnings per share came
Advanced Micro Devices Inc., the main contender to Nvidia Corp. in the artificial intelligence chip market, failed to impress investors with its revenue forecast after an eye-popping rally sent expectations soaring.
Advanced Micro Devices Inc. is heading into its third-quarter earnings report with powerful seasonal tailwinds, a surging AI narrative, and fresh Wall Street optimism.
TipRanks on MSN
Advanced Micro Devices’ (AMD) Q3 Earnings Tomorrow: Options Traders Brace for an 8.41% Swing
Advanced Micro Devices ($AMD) is set to report its third-quarter earnings after the bell on Tuesday, November 4. Following the release, the
Advanced Micro Devices Inc. delivered sharp increases in both profit and revenue today as it pushed deeper into the artificial intelligence data center market, but its stock headed lower in late trading after its profit margin guidance disappointed investors.
Advanced Micro Devices' top line beat was driven by robust growth within the Client & Gaming and Data Center segments. Read why AMD stock is a Buy.
Technology licensing company Adeia filed two lawsuits against Advanced Micro Devices in Texas federal court on Monday for allegedly infringing ten patents related to semiconductor innovations.