Advanced Micro Devices (AMD) saw its stock plunge by 8% on Wednesday after the company’s AI chip revenue fell short of analysts’ expectations, highlighting its struggle...
Etiket: AMD
AMD Shares Drop as CEO Forecasts Declining Data Center Sales Amid AI Competition
Shares of Advanced Micro Devices (AMD) plunged around 10% in after-hours trading on Tuesday after the chipmaker provided a disappointing forecast for its data center sales,...
AMD’s AI Strategy Faces Investor Scrutiny Amid Shift to Custom Chips
Advanced Micro Devices (AMD) faces heightened investor scrutiny over its artificial intelligence (AI) strategy as Big Tech firms increasingly develop custom silicon, potentially limiting AMD’s role...