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AMD, Super Micro
AMD, Super Micro spark chip selloff as earnings miss lofty AI expectations
Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday after their earnings disappointed investors who had piled into the sector on optimism about AI.AMD slumped nearly 10% and was on course to lose more than $21 billion in market value.
AMD is the latest company to show that AI is an expensive proposition
Artificial intelligence is expensive for the companies buying AI chips, and it’s expensive for the companies making them, too.
AMD Gives Tepid Forecast Amid Weak Demand for Gaming Chips
Advanced Micro Devices Inc., the second-biggest maker of computer processors, gave a lukewarm revenue forecast for the current period, weighed down by lackluster demand for chips used in video game hardware.
TweakTown
23m
AMD just turned 55 years old: from making CPUs for Intel, to Ryzen and EPYC beating Intel
AMD
started out with its own Athlon CPUs back in the day, moving onto acquire ATi and bringing the Radeon brand in-house.
13h
on MSN
AMD’s graphics card sales just took a nosedive
AMD just reported its financial results for the first few months of 2024, and its gaming business isn't doing so hot.
6h
on MSN
Why AMD Stock Sank Today
Advanced Micro Devices ( AMD -8.91%) stock sank Wednesday following the company's first-quarter earnings release. The ...
11h
Heard on the Street: AMD and Supermicro Show That AI Hype Is Meeting Harsh Supply Reality
It’s a good time to be in the business of making AI chips and servers. But even red-hot demand can’t always make supply ...
23h
AMD CEO foresees sustained growth driven by insatiable demand for AI
AMD CEO Lisa Su said it's an exciting time for the industry as the widespread deployment of AI is driving demand for ...
1d
on MSN
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue ...
TweakTown
2h
AMD's next-gen Strix Halo LP teased: 6-8 cores, 20 CUs, perfect for next-gen gaming handhelds
In a new video from Moore's Law is Dead, we're hearing whispers of
AMD
's new Strix Halo-LP APU, which would be a low-power ...
10h
US Stocks Mixed Ahead Of Fed Meeting, Chipmakers Tumble After AMD Earnings, Bitcoin Sinks: What's Driving Markets Wednesday?
Traders are treading cautiously in Wednesday’s session, seeking more clarity on the Federal Reserve’s stance with inflation reports exceeding expectations.
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Advanced Micro Devices
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