AMD Stock Plunges

AMD Stock Plummets on AI, Data Center Revenue Miss
Advanced Micro Devices reported better-than-expected earnings results, but soft data center revenue sparked a selloff in the stock.The semiconductor company reported fourth-quarter adjusted earnings per share of $1.
AMD Earnings: Data Center and PC Shine
AMD's PC-centric client segment also shined, with revenue up 58% year over year to $2.3 billion. The company is likely benefiting from Intel 's ( INTC -0.46%) struggles. Intel's PC chips have been a mixed bag as of late in terms of performance, with its Arrow Lake desktop CPUs particularly disappointing.
AMD Stock Plunges as Wall Street Lowers Targets on Data Center Miss
AMD (AMD) stock plunged after its weak near-term outlook on data center growth prompted analysts to cut price targets, despite quarterly
AMD shares drop as data-center sales disappoint Wall Street despite AI chip growth
AMD shares fell by nearly 9% in after-hours trading, but the chipmaker is talking up a strong second half to 2025.
Citi cuts AMD stock rating to neutral, slashes price target
Citi analysts downgraded shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) from Buy to Neutral, significantly reducing the price target to $110 from the previous $175. The stock, currently trading at $119.
AMD tumbles after concerns over AI revenue growth gets rating cut at Citi
Shares of Advanced Micro Devices (NASDAQ:AMD) fell about 10% premarket on Wednesday following fourth quarter results, wherein Data Center revenue missed expectations, which drew mixed reactions from analysts.
Nvidia Stock Rises. Why AMD, Alphabet Earnings Are Boosting the AI Chip Maker.
Nvidia was gaining early on Wednesday after Google-parent Alphabet committed to spending on artificial-intelligence ...
Mark Zuckerberg Just Delivered Incredible News for Nvidia, AMD, and Micron Stock Investors
Advanced Micro Devices (AMD 4.58%), and Micron Technology (MU 0.82%) plunged on news that a Chinese start-up called DeepS ...
AMD's AI bets face investor scrutiny as Big Tech switches to custom chips
AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter ...
CRN14h
AMD CEO: Annual AI Chip Revenue To Reach Tens Of Billions In ‘Coming Years’
After making more than $5 billion from Instinct data center GPUs in 2024, AMD CEO Lisa Su said in a fourth-quarter earnings ...
AMD Q4: The Next Nvidia Or The Next Intel?
Advanced Micro Devices delivered record Q4 revenues and EPS, but the stock dropped. See why I rate AMD a strong buy.
After Nvidia, AI now also brings AMD record figures
AMD closes 2024 with record sales. For the first time, company boss Lisa Su is specific about the share of AI accelerators.
TweakTown9h
AMD downplays DeepSeek threat: '[Innovation is] good for AI adoption'
In a recent Q4 earnings call, AMD's CEO Lisa Su provided some comments on hardware sales, demand for AI, and DeepSeek's ...
Nasdaq futures stumble on bleak Alphabet, AMD forecasts
U.S. stock index futures declined on Wednesday, with the tech-heavy Nasdaq leading losses after disappointing forecasts from ...
Money Morning1h
AMD Stock Down 9% on Growth Forecast
The growth was driven by its x86 PC CPU business rocketing 56% higher. Although gaming revenue was down 59% year-over-year, it was up 22% from the third quarter to $538 million. All eyes, however, ...
AI Chips Update - AMD Drives Innovation With Record Revenue In The AI Industry
Recent developments in the AI chip market highlight significant advancements as companies rapidly push technological ...