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Advanced Micro Devices Inc. - AMD STOCK NEWS

Welcome to our dedicated news page for Advanced Micro Devices (Ticker: AMD), a resource for investors and traders seeking the latest updates and insights on Advanced Micro Devices.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Advanced Micro Devices's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Advanced Micro Devices's position in the market.

Rhea-AI Summary
Keysight Technologies, Inc. collaborates with AMD to develop a groundbreaking benchmarking methodology for mobile and 5G private network performance testing. The new approach focuses on realistic traffic emulation to assess CPU power and scalability, catering to industries like smart manufacturing and energy grids. AMD EPYC CPUs showcase impressive parallel processing performance, addressing the increasing demand for bandwidth in 5G networks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
none
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Rhea-AI Summary
Keysight Technologies, Inc. collaborates with AMD to develop a groundbreaking benchmarking methodology for mobile and 5G private network performance testing. The new approach focuses on realistic traffic emulation to assess CPU power and scalability, catering to industries like smart manufacturing and energy grids. AMD EPYC CPUs showcase impressive parallel processing performance, addressing the increasing demand for bandwidth in 5G networks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
none
-
Rhea-AI Summary
AMD introduces the Spartan UltraScale+ FPGA family, offering high I/O counts, power efficiency, and advanced security features for various applications. The new FPGAs provide industry-leading I/O to logic cell ratio, up to 30% lower power consumption, and robust security features. The family is optimized for edge applications, with flexible I/O interfacing and power-efficient compute capabilities. AMD emphasizes security with features like Post-Quantum Cryptography and physical unclonable function. The Spartan UltraScale+ FPGAs are supported by the AMD Vivado Design Suite and Vitis Unified Software Platform, enhancing design productivity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
none
Rhea-AI Summary
AMD appoints Thomas Zacharia as senior vice president of strategic technology partnerships and public policy to accelerate the deployment of AMD-powered AI solutions globally. Zacharia's extensive experience in scientific research and public policy will drive the adoption of HPC and AI technologies for the public good.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
management AI
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Rhea-AI Summary
AMD's CFO, Jean Hu, will present at the Morgan Stanley Conference on March 5, 2024. The webcast will be available on the AMD Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
Tags
conferences
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News
Rhea-AI Summary
AMD's Mark Papermaster, CTO and EVP of Technology and Engineering, to present at virtual Arete investor webinar on Feb. 20.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.17%
Tags
conferences
Rhea-AI Summary
AMD partners with JR Kyushu Railway Company to automate track inspection using AMD Kria™ K26 System-on-Module, enhancing efficiency and safety in Japan's bullet train operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
AI
-
Rhea-AI Summary
AMD launches AMD Embedded+ architecture, combining AMD Ryzen™ Embedded processors with Versal™ adaptive SoCs to deliver scalable and power-efficient solutions for ODM partners, reducing qualification and build times. The architecture enables the use of a common software platform for low power, small form factor, and long lifecycles for medical, industrial, and automotive applications. The first ODM solution based on Embedded+ architecture is the Sapphire Edge+ VPR-4616-MB, offering full capabilities in as low as 30W of power.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.64%
Tags
AI
-
Rhea-AI Summary
AMD reported strong financial results for the fourth quarter and full year of 2023, with revenue reaching $6.2 billion and $22.7 billion respectively. The company's gross margin was 47% and 46% for the fourth quarter and full year, respectively. Operating income for the fourth quarter was $342 million, while net income was $667 million. AMD's non-GAAP gross margin was 51% for the fourth quarter and 50% for the full year. The company's Data Center segment revenue increased by 38% year-over-year, and the Client segment revenue was up 62% year-over-year. However, Gaming segment revenue decreased by 17%, and Embedded segment revenue was down 24% year-over-year. AMD expects revenue to be approximately $5.4 billion for the first quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.54%
Tags
earnings
Rhea-AI Summary
AMD announced the appointment of Ava Hahn as senior vice president, general counsel, and corporate secretary, replacing Harry Wolin who is retiring after 24 years. Hahn brings extensive legal experience from technology companies like Lam Research, CA Technologies, and Aruba Networks, as well as VC firms. AMD Chair and CEO Dr. Lisa Su expressed gratitude to Wolin and excitement for Hahn's contribution to the company's next growth phase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.47%
Tags
none
Advanced Micro Devices Inc.

NYSE:AMD

AMD Rankings

AMD Stock Data

308.05B
1.60B
0.48%
74.99%
2.13%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Santa Clara

About AMD

Advanced Micro Devices, Inc., commonly abbreviated as AMD, is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets