By Kanchana Chakravarty and Zaheer Kachwala (Reuters) -Advanced Micro Devices shares tumbled more than 10% on Wednesday after ...
AMD stock plunged after the chipmaker reported weaker-than-expected sales of chips for artificial intelligence data centers.
Advanced Micro Devices (AMD 4.58%), and Micron Technology (MU 0.82%) plunged on news that a Chinese start-up called DeepS ...
AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter ...
Google-parent Alphabet dropped 8.3 per cent after posting downbeat cloud revenue growth and earmarking a higher-than-expected ...
Advanced Micro Devices beat expectations for its fourth quarter but AMD stock is still tumbling Wednesday. Here's why.
US stocks opened lower Wednesday as the Nasdaq and S&P 500 felt impact from Alphabet, AMD and renewed AI worries.
Quarterly revenue beat AMD's forecast of roughly $7.5 billion. Net income was $482 million, down 28 percent from the year-ago period's $667 million profit.
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 ...
The company's fourth-quarter data center revenue - a proxy for its AI performance - jumped 69 per cent to $3.9 billion, ...
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