Earnings Results AMD stock slips as revenue forecast dips below Street consensus AMD holds firm on annual outlook, sees $6.5 billion to $6.9 billion in current-quarter sales while Street’s ...

The company's MI300 accelerator has been a standout performer, with AMD raising its 2024 revenue forecast for this product line from over $4.5 billion to over $5 billion.

Advanced Micro Devices on Tuesday forecast a $1.5 billion hit to revenue this year due to new U.S. curbs on chips, which require the company to obtain a license to ship advanced artificial ...

As I mentioned in my previous AMD coverage, growth in Data Center revenue was the only strong revenue growth driver over the last few quarters. However, in this market, AMD competes with Nvidia.

AMD's Q4 revenue beat estimates, but analysts lowered price forecasts due to concerns over AI GPU demand and product transitions. AMD expects a slower revenue pace in 1H 2025, with a stronger ...

In the previous quarter, AMD raised its 2024 guidance for AI graphics-chip revenue to exceeding $5 billion, up from a previous estimate of over $4.5 billion.

An AI winner or AI afterthought? AMD has steadily increased its revenue for data center GPUs this year from an original forecast of more than $3.5 billion to most recently $4.5 billion.

Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.

Overall, AMD forecast revenue of $6.7 billion, plus or minus $300 million, for the third quarter, compared with analysts' average estimate of $6.61 billion, according to LSEG data.

Product and Market Analysis AMD's data center GPU business, particularly its MI300 product family, has been a standout performer. The company raised its 2024 revenue forecast for this segment from ...