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) is a global leader in high-performance computing and graphics technologies, driving innovation across semiconductors for data centers, gaming, and adaptive computing solutions. This dedicated news hub provides investors and technology professionals with essential updates spanning corporate developments and product advancements.
Access AMD's official press releases alongside curated industry analysis covering strategic partnerships, processor innovations, and market leadership in next-generation computing. Our repository includes earnings reports, executive commentary, and technology roadmap updates critical for understanding AMD's position in competitive semiconductor markets.
Key content categories feature quarterly financial results, product launch announcements, research breakthroughs, and industry event coverage. Stay informed about developments in artificial intelligence infrastructure, data center expansion, and next-gen GPU/CPU architectures shaping computing's future.
Bookmark this page for streamlined access to AMD's evolving story, with verified updates organized chronologically for efficient research. Check back regularly to monitor how AMD's adaptive computing solutions continue transforming industries from cloud services to edge AI applications.
AMD has launched the new Instinct MI200 series accelerators, featuring the CDNA 2 architecture, which offers up to 4.9x improved performance in high-performance computing (HPC) compared to rivals. Key features include the world's fastest GPU, MI250X, supporting 128GB of HBM2e memory and peak performance reaching 380 teraflops for AI workloads. The collaboration with the U.S. Department of Energy and Oak Ridge National Laboratory aims for a supercomputer expected to exceed 1.5 exaflops in power. These advancements target various scientific applications, enhancing data-driven research significantly.
AMD has announced the launch of new Dasv5 and Easv5 Virtual Machines (VMs) on Microsoft Azure, powered by 3rd Gen EPYC processors. These optimally designed VMs enhance performance for general-purpose and memory-intensive workloads. Additionally, Azure introduces confidential VMs (DCasv5 and ECasv5) featuring Secure Encrypted Virtualization-Secure Nested Paging (SEV-SNP), offering security-focused applications the ability to encrypt data during use, transit, and rest. These innovations facilitate improved price-performance and security for Azure users with specific workload needs.
AMD has unveiled the Radeon PRO™ V620 GPU, designed with the advanced AMD RDNA™ 2 architecture. It offers high-performance GPU acceleration for demanding cloud workloads, including AAA gaming and 3D applications. With features such as 32GB GDDR6 memory, multi-stream hardware-accelerated encoders, and innovative GPU-partitioning capabilities, it provides scalable graphics resources for multiple users. The product aims to enhance cloud gaming, boasting low latency content streaming, while supporting modern applications like Vulkan® and DirectX® 12 Ultimate.
AMD has appointed Kevin Lepak as Corporate Fellow, recognizing his vital contributions to the design of advanced EPYC™ processors. With over 16 years at the company, Lepak has played a key role in delivering data center leadership through various AMD CPUs and Instinct™ accelerators. This promotion highlights his significant impact on AMD’s technological advancements and growth in the data center sector, showcasing the company's commitment to innovation.
AMD reported a substantial 54% year-over-year revenue increase, reaching $4.3 billion in Q3 2021. Operating income doubled to $948 million, with net income at $923 million and diluted EPS of $0.75. Gross margin improved to 48%, aided by robust sales of EPYC and Ryzen processors. Key developments include partnerships with Google Cloud and Microsoft, and the introduction of new Ryzen and Radeon products. Cash flow from operations stood at $849 million, with a strong end-of-quarter cash position of $3.6 billion.
SANTA CLARA, Calif., Oct. 25, 2021 – AMD (NASDAQ: AMD) will host its Accelerated Data Center Premiere on November 8, 2021, at 11 a.m. ET, focusing on innovations in AMD EPYC processors and AMD Instinct accelerators. The virtual event will feature key presentations from AMD President and CEO Dr. Lisa Su, along with other senior executives. Attendees can access the event live at AMD's event site, with replays available afterward.
On October 21, 2021, AMD announced that its Ryzen Threadripper PRO processors will power NVIDIA's new GeForce NOW RTX 3080 membership tier, enhancing cloud gaming experiences. The setup utilizes AMD's processors for over 39 petaflops of graphics performance, featuring 128 PCIe Gen 4 lanes and high memory bandwidth.
According to AMD’s Chris Kilburn, this collaboration is pivotal for the rapidly growing cloud gaming sector.
AMD is set to announce its third quarter 2021 financial results on October 26, 2021, after market close. A conference call will follow at 5:00 p.m. EDT to discuss the results. Interested parties can access the call via AMD's Investor Relations website. With a history spanning 50 years, AMD specializes in high-performance computing, graphics, and visualization technologies that serve consumers and major businesses worldwide.
AMD has launched the Radeon RX 6600 graphics card, aimed at delivering 1080p gaming experiences at an affordable price point. Built on the AMD RDNA 2 architecture, it features 32 MB Infinity Cache and 8GB GDDR6 memory, promising up to 1.3X better performance-per-watt than its competition in select titles. Priced at $329, this card is expected to drive 100+ FPS in top AAA games and supports FidelityFX Super Resolution for enhanced frame rates. Availability starts immediately from various OEM partners.
AMD has announced that over 175 of its Ryzen CPUs are compatible with the new Windows 11 operating system, enhancing user experiences across performance, efficiency, and security. AMD's partnership with Microsoft ensures that users can leverage advanced features such as improved video playback and enhanced security with Ryzen PRO processors. Gamers will benefit from optimized Radeon Graphics that support the latest Windows 11 performance enhancements, delivering immersive gaming experiences from day one.
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