AMD News

Advanced Micro Devices shares are trading lower by 14% since Wednesday's open. The company reported Q3 results late Tuesday.

Intel has a Gaudi problem on its hands – the chipmaker revealed that its AI accelerator won't even make $500 million in 2024.

Moorhead emphasized that the recent earnings report should bolster investor confidence in Gelsinger's leadership.

Advanced Micro Devices CEO Lisa Su provided a deeper look into the future of AMD's data center AI business during the company's earnings call on Tuesday and shared her view on competition in the market.

Meta Platforms CEO Mark Zuckerberg revealed during the company's Q3 2024 earnings call that Meta is developing its next-generation AI model, Llama 4, using what he described as an unprecedented computing infrastructure of more than 100,000 Nvidia H100 GPUs.

Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher in Wednesday's after-hours session in sympathy with NVIDIA Corp (NASDAQ:NVDA), which popped on first-quarter earnings after the bell.

NVIDIA Corporation (NASDAQ: NVDA) was falling slightly on Wednesday ahead of the company’s first-quarter earnings print, set to be released after the market closes.

AI tech advances, data centers need more power. Nvidia and AMD push boundaries with AI accelerators. Vertiv poised to revamp thermal solutions.

Supermicro introduces new AMD-based H13 generation of CPU servers, featuring MicroCloud multi-node solution for cloud-native workloads.

Any disappointment may trigger an initial negative reaction but investors could stick with the stock, realizing "today's pain is for next quarter's gain," a venture capitalist said.

The upcoming quarterly results of Nvidia are not just a matter of interest for the company, but also for six other AI-related stocks that tend to rise when Nvidia outperforms.

SMCI sees significant growth potential in AI and plans to expand partnerships and rack capacity. It may raise capital through unsecured debt.

Microsoft Corp. (NASDAQ: MSFT) unveiled Team Copilot, an AI assistant designed to enhance team collaboration by taking notes, summarizing key points, and managing deadlines. This launch, part of Microsoft's broader AI strategy, was announced at the annual Build conference. Team Copilot will be available to corporate clients later this year, reinforcing Microsoft's leadership in integrating AI into its productivity tools and cloud services.

AMD releases new EPYC 4004 Series CPUs targeting price-sensitive buyers, expected to boost market share & pose competition to Nvidia.

Scale AI Inc. has nearly doubled its valuation to $13.8 billion after securing $1 billion in new funding, making it a major player in the AI sector. Led by Accel, the funding round saw contributions from Amazon, Meta, AMD, ServiceNow, and Intel. Founded in 2016, Scale AI specializes in data labeling and collaborates with top firms like OpenAI, Microsoft, and the U.S. government.

NVDA facing competition from rivals like Intel, AMD, Qualcomm, Meta, Microsoft, and Google in AI hardware as they develop software to rival Nvidia's Cuda platform.

Analysts expect strong performance for Nvidia with improved supply. Morgan Stanley analyst Joe Moore reiterated an Overweight rating on Nvidia with a price target of $1,000.

Microsoft may use Advanced Micro Devices AI chips for cloud clients due to Nvidia's supply issues. Analysts see strong growth for Nvidia in data centers.

AMD stock trading higher as Microsoft considers using their AI chips for Azure, potentially beating Nvidia's GPU supply crisis. AMD gaining market share in x86 processor market and expected to make major announcements at Computex. Stock up 57% in past year.

Microsoft Corp is set to introduce AMD's MI300X AI chips to its Azure cloud services, challenging Nvidia's dominance. Detailed at the upcoming Build developer conference, this move aims to ease the demand for Nvidia GPUs, enabling customers to build large-scale AI models.

Someone with a lot of money to spend has taken a bullish stance on Advanced Micro Devices (NASDAQ:AMD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading lower by 7.24% to $78.51 Tuesday afternoon.

Mizuho analyst Vijay Rakesh reiterated a Buy and $225 price target on Nvidia Corp (NASDAQ:

Over the past 3 months, 22 analysts have published their opinion on Advanced Micro Devices (NASDAQ:AMD) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Pre-open movers U.S. stock futures traded slightly lower in early pre-market trade after recording gains on Wednesday. The Dow Jones jumped more than 400 points, while the Nasdaq Composite climbed over 2% in the previous session.

U.S. indices rallied sharply into Wednesday's close after the Federal Reserve announced it would raise the key interest rate by 50 basis points.

Etsy, Inc (NASDAQ: ETSY) is set to print its first-quarter financial results after the market close on Wednesday. The stock was trading about 3% lower heading into the event.

Steve Weiss cut Micron Technology Inc (NASDAQ: MU) from his portfolio on Wednesday, citing concerns that he suggested could be plaguing the entire semiconductor industry.

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported first-quarter earnings after the bell on Tuesday.

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading higher by 6.32% to $96.89 during Wednesday’s pre-market session after the company reported better-than-expected first-quarter adjusted EPS and sales results and raised FY22 sales guidance.

Advanced Micro Devices, Inc. (NASDAQ: NASDAQ) reported forecast-beating quarterly results on Tuesday and raised its full-year revenue guidance.