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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
AMD (NASDAQ: AMD) will announce its fiscal first quarter 2024 financial results on April 30, 2024, after the market closes. A conference call will follow at 5:00 p.m. EDT / 2:00 p.m. PDT, accessible via webcast on the AMD Investor Relations website.
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conferences earnings
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AMD expands its commercial AI PC portfolio with the new Ryzen PRO 8040 Series for mobile and desktop systems, offering advanced x86 processors, AI capabilities, and connectivity experiences for business users.
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End-of-Day
1.96%
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AI
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Rhea-AI Summary
AMD expands Versal Series Gen 2 portfolio with new AI Edge and Prime Series Gen 2 SoCs, offering up to 3x higher TOPs-per-watt and 10x more CPU-based scalar compute. Subaru selects Versal AI Edge Gen 2 for next-gen ADAS vision system 'EyeSight'.
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End-of-Day
0.52%
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AI
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AMD received an unsolicited 'mini-tender' offer from Tutanota to purchase up to 150,000 shares at $200.00 per share, representing 0.009283% of AMD's outstanding shares. The offer is conditional on AMD's stock price exceeding $200.00 per share. AMD does not recommend the offer due to various conditions and financing requirements by Tutanota.
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-2.53%
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none
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AMD collaborates with Sony Semiconductor Solutions to enhance autonomous vehicle safety with cutting-edge LiDAR technology, powered by AMD adaptive computing solutions. The partnership aims to deliver exceptional object detection and real-time analysis for next-generation autonomous driving solutions.
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End-of-Day
-4.84%
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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.
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-0.11%
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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.
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End-of-Day
-0.11%
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none
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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.
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-0.11%
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management AI
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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.
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-0.82%
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AMD's Mark Papermaster, CTO and EVP of Technology and Engineering, to present at virtual Arete investor webinar on Feb. 20.
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Rhea-AI Sentiment
End-of-Day
4.17%
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conferences
Advanced Micro Devices Inc.

Nasdaq:AMD

AMD Rankings

AMD Stock Data

264.17B
1.60B
0.48%
74.98%
2.03%
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