Shares of Advanced Micro Devices (NASDAQ:AMD) exploded over the past month, gaining 24.45%. That strong performance has ...

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.

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 consensus is $6.84 billion ...

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 ...

Not long ago, AMD had little to no revenue from AI Data Center GPUs, and today banks are forecasting up to $10.5 billion from it next year (GS's upper forecast range).

AMD's new AI products, including Turin EPYC CPUs and Instinct MI325x AI accelerator, failed to excite investors. Read why AMD stock remains a Strong Sell.

AMD stock forecast and price prediction. ... AMD also faces several challenges. ... AMD analysts are calling for a 3.3% revenue decline this year but a return to 20.6% revenue growth in 2024.

Advanced Micro Devices said sales and profits rose in its first quarter amid strong AI chip demand, but declining revenue from gaming graphics chips weighed on the company's results. AMD chief ...

AMD Looks to Challenge Nvidia With a New Chip. ... 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 ...

AMD forecast an adjusted gross margin of roughly 54%, which met analyst expectations. The company reported revenue of $6.82 billion for the third quarter, compared with estimates of $6.71 billion.

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 ...