Welcome to our dedicated page for Advanced Micro Devices news (Ticker: AMD), a resource for investors and traders seeking the latest updates and insights on Advanced Micro Devices stock.
Advanced Micro Devices, Inc. (AMD) (Nasdaq: AMD) is frequently in the news for developments in high-performance computing, AI infrastructure, client processors, embedded products and strategic partnerships. Company press releases describe AMD as driving innovation in high-performance and AI computing, with technology that powers billions of experiences across cloud and AI infrastructure, embedded systems, AI PCs and gaming. The AMD news flow reflects this broad scope, ranging from announcements of new AI GPUs and CPUs to collaborations with major technology and cloud partners.
Visitors to this AMD news page can expect updates on AI data center platforms such as AMD Instinct accelerator GPUs, AMD EPYC CPUs, AMD Pensando networking and the ROCm open software stack, including rack-scale architectures like the Helios platform. News items also cover client and gaming products, including Ryzen AI 400 Series and Ryzen AI PRO 400 Series processors for Copilot+ PCs, Ryzen AI Max+ processors for ultra-thin systems, and gaming-focused desktop CPUs and Radeon graphics technologies.
AMD’s news releases frequently highlight ecosystem collaborations and large deployments. Examples include work with Tata Consultancy Services to co-develop industry-specific AI and generative AI solutions, with HPE and Eviden to power supercomputers such as Herder and Alice Recoque, with Vultr to expand AI supercluster capacity using AMD Instinct GPUs, and with partners like Zyphra, Cisco and HUMAIN on AI infrastructure and large-scale model training. Regulatory and financial updates, such as earnings announcement dates and Form 8-K disclosures, also appear in AMD’s communications.
By following AMD-related news, investors and observers can track how the company’s CPUs, GPUs, embedded processors and software platforms are being adopted across cloud, enterprise, government, research and edge environments, and how new product introductions and partnerships shape its role in AI and high-performance computing.
AMD has launched its 4th Gen EPYC™ processors, boasting unmatched performance and energy efficiency, aimed at modernizing data centers. Built on the 'Zen 4' architecture, these processors support up to 96 cores, enhancing performance and reducing energy costs. Key features include enhanced security, DDR5 memory support, and PCIe Gen 5 compatibility. Major partners like Dell, Google Cloud, HPE, and Microsoft are integrating the EPYC processors into their systems, supporting diverse workloads, while AMD emphasizes the data center as a priority for growth.
AMD has launched the Radeon RX 7900 Series graphics cards featuring the new RDNA 3 architecture, designed for high-performance and energy efficiency. The RX 7900 XTX delivers up to 1.7X higher 4K gaming performance compared to prior models, while the RX 7900 XT offers up to 1.5X higher performance. Key features include a chiplet design, up to 54% more performance per watt, and support for DisplayPort 2.1 technology. The RX 7900 XTX is priced at $999 and the RX 7900 XT at $899, both available from AMD and partners from mid-December 2022.
AMD reported Q3 2022 revenue of $5.6 billion, marking a 29% year-over-year increase, driven by strong performance in the Data Center, Gaming, and Embedded segments. However, the Client segment revenue declined 40% due to a weak PC market. GAAP net income fell 93% to $66 million, with diluted EPS at $0.04. Non-GAAP results showed operating income of $1.3 billion and EPS of $0.67. Cash flow from operations increased to $965 million. Despite challenges, AMD is optimistic about its product portfolio and growth opportunities.
AMD has announced an upcoming event titled "together we advance_data centers" to unveil its next generation of EPYC™ data center processors. The event will feature presentations from AMD executives and key ecosystem partners, focusing on new developments in data center technology. The livestream is scheduled for November 10 at 10 a.m. PT, accessible via AMD's website and YouTube channel. This initiative reinforces AMD's commitment to high-performance computing and innovation in the technology sector.
On October 20, 2022, AMD (NASDAQ: AMD) announced a livestream event titled “together we advance_gaming”, set to reveal the next generation of AMD Radeon™ graphics. The event, featuring AMD executives, will showcase details of the high-performance, energy-efficient AMD RDNA™ 3 architecture, aimed at enhancing performance and efficiency for gamers and content creators. Scheduled for November 3 at 1:00 p.m. PDT, the livestream will be available on the AMD YouTube channel. A replay will follow on AMD.com/Radeon.
AMD announced the launch of the 'AMD Creator Cloud' in collaboration with Pixar, allowing artists worldwide to access high-performance rendering capabilities via Microsoft's Azure. Powered by AMD EPYC processors with 3D V-Cache technology, this initiative enables participants of the RenderMan Challenge to submit their creative projects. The challenge aims to inspire and empower creators by granting them access to advanced technology for rendering their designs.
AMD has partnered with the Energy Sciences Network (ESnet) to launch ESnet6, a high-performance network for scientific research.
The integration of AMD's Alveo U280 FPGA-based accelerators into ESnet6 enhances packet monitoring and management, enabling high-speed data processing.
With a bandwidth of over 46 Terabits per second, ESnet6 supports extensive data flows from global scientific instruments, accelerating research outcomes.
AMD's technology aims to facilitate continuous innovation and adaptability within this transformative network.
AMD announced preliminary third quarter 2022 revenue of approximately $5.6 billion, significantly lower than the expected $6.7 billion. This decline is primarily attributed to weak revenue in the Client segment amid a sluggish PC market and inventory corrections. Despite this, revenues from Data Center, Gaming, and Embedded segments grew significantly year-over-year. Expected gross margin stands at 42%, down from the anticipated 54%, largely due to decreased Client processor shipments. The earnings call is scheduled for November 1.
AMD has launched the Ryzen Embedded V3000 Series processors, enhancing its V-Series portfolio with Zen 3 cores. These processors offer up to 124% greater CPU performance, 50% improved memory transfer rates, and feature a significant increase in CPU core count, doubling from four to eight cores. Designed for storage and networking applications, the new processors provide low-power options suitable for 24x7 operational needs. Now shipping to key embedded ODMs and OEMs, the Ryzen V3000 Series supports long-lifecycle availability and includes advanced security features.
Dr. Lisa Su, AMD Chair and CEO, is set to deliver a keynote address at CES 2023 on January 4, 2023, in Las Vegas. Her keynote will showcase AMD's advancements in high-performance computing and AI, emphasizing how technology can solve global challenges. The event highlights over 1300 exhibitors focusing on transformative tech. Dr. Su's address reflects her commitment to innovation that enhances daily life, including areas like cloud efficiency and gaming. This keynote is a significant platform for AMD to display its leadership in the semiconductor industry.