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Advanced Micro Devices Inc. earnings are expected to show the chipmaker is increasingly benefiting from the artificial intelligence arms race.
Two companies that provide key infrastructure for the artificial intelligence revolution reported lackluster financial ...
AMD stock price has staged a strong bull run this month as the artificial intelligence data center demand continues ...
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Big tech stocks continue to fuel the artificial intelligence (AI) narrative, but I see one chip stock as largely ignored and ...
Indeed, AMD has already reaped the rewards from its growth. AMD reported record annual revenue in 2024, with sales jumping 14% to $25.8 billion, and diluted earnings per share soared 89% to $1.00.
Last year, AMD reported $1.6 billion in profit, while Nvidia, which has a fiscal year that ends in January, has generated an incredible $72.9 billion in earnings over its last four quarters.
AMD's management sees the AI accelerator market, which includes GPUs and custom-built silicon, exceeding $500 billion by 2028. That's more than 60% annual growth from 2025 to 2028.
The U.S. government has given artificial intelligence giants Nvidia and AMD the green light to sell some chips to China in ...
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