Tag: $Advanced Micro Devices

AMD reports better-than-expected results even as PC market shows continued weakness

reported a revenue decline of 18% in its fiscal second-quarter earnings report on Tuesday, but still topped estimates for sales and profit.

AMD’s New Chip Fails to Impress Investors. Wall Street Still Thinks It’s an AI Winner.

Advanced Micro Devices big chip launch may have left investors feeling uninspired but Wall Street was more enthusiastic and still thinks the semiconductor company can challenge Nvidia and be an AI winner.

Amazon’s cloud unit is considering AMD’s new AI chips

Amazon Web Services, the world’s largest cloud computing provider, is considering using new artificial intelligence chips from Advanced Micro Devices Inc, though it has not made a final decision, an AWS executive told Reuters

AMD likely to offer details on AI chip in challenge to Nvidia

Advanced Micro Devices on Tuesday is expected to reveal new details about an AI “superchip” that analysts believe will be a strong challenger to Nvidia Corp, whose chips dominate the fast-growing artificial intelligence market.