While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark.
AMD stock tanks as quarterly data centre sales disappoint. Rosenblatt analyst reveals several reasons to buy the dip.
The reaction was perhaps a bit harsh on AMD, which said the data center business grew its sales by 94%, to $12.6 billion, in fiscal 2024. That’s thanks to an increase in sales of its Instinct GPUs and ...
Shares in Google-parent Alphabet (GOOGL, GOOG) tumbled in after-hours trading following the release of the tech giant's ...
A slowdown in Google's cloud-computing sales helped drag down Alphabet's overall revenue growth to its lowest rate since 2023. Shares tumbled about 7% ...
Shares in Advanced Micro Devices dropped almost 9% in Europe on Wednesday after the company's chief executive forecast a decline in data centre sales - a proxy for the chipmaker's revenue from the ...
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.