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 announced the pricing of a public offering of $1 billion senior notes, divided into two tranches: $500 million in 3.924% notes due in 2032 and $500 million in 4.393% notes due in 2052. The offering aims to close on June 9, 2022, and the proceeds will be used for general corporate purposes. This offering is registered under an automatically effective shelf registration statement with the SEC. Barclays Capital and other financial institutions are acting as underwriters for the offering.
AMD announced its intention to offer senior unsecured notes in an underwritten public offering on June 7, 2022. The net proceeds from this offering will be used for general corporate purposes. The offering is being managed by Barclays Capital, BofA Securities, Credit Suisse, J.P. Morgan, and Wells Fargo. It will utilize an automatically effective shelf registration statement filed with the SEC on June 6, 2022. The press release also includes cautionary statements regarding forward-looking statements and potential risks associated with the offering.
AMD will host its Financial Analyst Day on June 9, 2022, aimed at providing updates on corporate strategy, technology, product roadmaps, and growth opportunities. A live video webcast featuring presentations will be made available on the Investor Relations section of AMD's website. Following the live event, a replay will be accessible about four hours later, along with executive presentation copies.
For over 50 years, AMD has been a leader in high-performance computing and visualization technologies, impacting billions globally.
AMD has expanded its High Performance Compute (HPC) Fund by integrating the Xilinx Heterogeneous Accelerated Compute Clusters (HACC) program, adding 7 petaflops of computing capacity. This brings the total donated capacity to over 20 petaflops, valued at more than $31 million. The initiative aims to assist global researchers in tackling major societal challenges, beyond just COVID-19. To date, over 28 institutions have benefited from AMD's resources, leading to notable research outputs. AMD aims to ensure 100 million people benefit from its technology by 2025.
AMD celebrates a significant milestone in high-performance computing (HPC) as its Frontier supercomputer, powered by AMD EPYC CPUs and AMD Instinct Accelerators, is ranked first on the Top500, Green500, and HPL-AI performance lists. The Frontier achieved a world record performance of 1.1 exaflops, surpassing the competition by a significant margin. Moreover, AMD's technology is present in 94 systems on the Top500 list, marking a 95% increase year-on-year, showcasing its growing dominance in the HPC sector.
On May 26, 2022, AMD announced a collaboration with Microsoft Azure, marking Azure as the first public cloud to deploy AMD Instinct MI200 accelerators for large-scale AI training. This partnership aims to enhance AI performance and developer experience by integrating AMD's technology with PyTorch on Azure. AMD's MI200 accelerators are designed to support powerful AI and HPC applications, contributing to advancing scientific research. The deployment of MI200 further strengthens AMD's position in the AI accelerator market and showcases its ongoing collaboration with Microsoft.
AMD has finalized its acquisition of Pensando Systems for approximately $1.9 billion. This strategic move will enhance AMD's data center offerings with Pensando's high-performance data processing unit (DPU) and software stack, already utilized by major clients such as Goldman Sachs and Microsoft Azure. The integration aims to expand AMD's product capabilities, offering optimized solutions for cloud, enterprise, and edge customers. The Pensando team will now be part of the AMD Data Center Solutions Group, positioning AMD for significant growth in the evolving data center market.
AMD has announced the introduction of new Confidential virtual machines (VMs) powered by 3rd Gen AMD EPYC processors on Google Cloud's N2D and C2D offerings. These VMs enhance security with features like AMD Secure Encrypted Virtualization (SEV), providing memory encryption without performance drawbacks. Available globally, the new VMs allow one-click implementation and easy upgrades, making advanced security accessible for various workloads. Both AMD and Google Cloud emphasize collaboration to ensure high performance and robust data protection.
AMD unveiled its next-generation Ryzen 7000 Series desktop processors featuring the new Zen 4 architecture during COMPUTEX 2022, promising a significant performance boost set for release in fall 2022. The processors will offer over 15% enhancement in single-thread performance compared to the previous generation. AMD also introduced the Socket AM5 platform and expanded the Ryzen Mobile lineup with the new Mendocino processors. The new technology aims to enhance computing performance for gamers and creators with advanced connectivity options, including DDR5 support and PCIe 5.0.
Phison Electronics Corp. has announced a strategic collaboration with AMD and Micron to develop a PCIe Gen5 ecosystem, aimed at enhancing gaming and creative experiences. The initiative will feature Phison's PS5026-E26 SSD controller, boasting nearly double the performance of its predecessor while maintaining power efficiency. This collaboration is expected to greatly benefit the global markets for PCs, gaming consoles, and mobile devices due to rising demand for high-speed storage solutions.