Looking ahead, AMD has provided guidance for the fourth quarter of 2024, projecting revenue of $7.5 billion. This represents a 10% quarter-over-quarter and 22% year-over-year growth.

AMD has been intensifying its focus on the rapidly evolving AI sector, as companies increase their capital investments ...

Advanced Micro Devices (AMD) saw a 68% price increase last quarter, highlighted by its strategic collaboration with Aligned ...

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 ...

So despite AMD's forecast of at least $4 billion in AI-related revenue this year, which is relatively modest, Danely predicts it could be way higher and suggests buying AMD stock on any price ...

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).

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 has not given a detailed full-year forecast but said it expects 2023 sales in its data center business, including MI300 chips, to exceed the $6.04 billion in 2022.

China accounts for roughly a quarter of AMD's total revenue, and the impact of the export controls would shave nearly 5% off the Wall Street forecast for revenue of $31.03 billion per LSEG data.

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading lower on Wednesday. Yesterday, the company reported fourth-quarter revenue of $7.66 billion, beating analyst estimates of $7.53 billion.