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 (NASDAQ:AMD) reported record quarterly revenue of $5.9 billion, marking a 71% increase year-over-year. Gross margin also improved by 2 percentage points, reaching 48%, while non-GAAP gross margin rose by 7 percentage points to 53%. Operating income was $951 million, and net income hit $786 million, resulting in diluted earnings per share of $0.56. The results reflect the impact of the acquisition of Xilinx, with revenue from its computing and graphics segment up by 33%. AMD revised its full-year guidance upwards, indicating strong demand for its products.
AMD has announced the expansion of its EPYC processor footprint through Oracle Cloud Infrastructure's new E4 Dense instances, designed for hybrid cloud environments. The 3rd Gen EPYC processors support memory- and storage-intensive VMware workloads, providing improved performance and security features, including AMD Secure Encrypted Virtualization. The E4 Dense instances offer competitive configurations with up to 128 cores, delivering 3.5 times the memory and storage compared to other options. This initiative enhances AMD's position in the cloud computing sector, catering to diverse workload requirements.
AMD EPYC processors have significantly enhanced aerodynamic testing for the Mercedes-AMG Petronas Formula One Team, achieving a 20 percent performance improvement in computational fluid dynamics (CFD) workloads. This advancement has effectively cut CFD workload time in half, allowing for faster vehicle design iterations. The partnership began in 2020 and is focused on leveraging advanced processing power to remain competitive within the FIA's budget regulations.
AMD has appointed Hasmukh Ranjan as Senior Vice President and Chief Information Officer, effective immediately. Ranjan previously served as CIO at Xilinx and will oversee AMD's global IT organization. His responsibilities include managing IT infrastructure, applications, and information security, crucial for supporting AMD's strategic goals. With over 20 years in IT management, Ranjan's experience is expected to enhance AMD's operational effectiveness as the company scales. Mark Papermaster, AMD's CTO, emphasized Ranjan's leadership and industry connections as key to driving innovation.
AMD is set to release its first quarter 2022 financial results on May 3, 2022, after market close. A conference call will follow at 5:00 p.m. EST / 2:00 p.m. PST to discuss these results. Interested parties can access the live webcast on AMD's Investor Relations website. With over 50 years of innovation in high-performance computing and graphics, AMD continues to support billions globally, enhancing technology for various industries. For updates, visit AMD's website and social media channels.
AMD announced its acquisition of Pensando for approximately $1.9 billion, expanding its product portfolio with a high-performance services platform deployed across major cloud and enterprise customers such as Goldman Sachs and Microsoft Azure. The acquisition, expected to close in Q2 2022, will integrate Pensando's programmable packet processor and software stack, enhancing AMD's capabilities in networking, security, and storage. CEO Lisa Su emphasized the strategic alignment and potential synergies that the deal will bring to AMD's data center offerings.
AMD has launched the AMD Instinct MI210 GPUs, powered by CDNA 2 architecture and ROCm 5 software. These GPUs enhance computational capabilities for HPC and AI applications, featuring expanded system support from major partners like ASUS and Dell. The MI210 accelerators boost processing performance, offering up to 22.6 TFLOPS in FP64 and 181.0 TFLOPS in Bfloat16. This release aims to meet the growing demand for data center workloads and accelerate insights in scientific research, with strong endorsements from supercomputing leaders.
AMD has launched the world's first data center CPU utilizing 3D die stacking, the 3rd Gen AMD EPYC™ processors with AMD 3D V-Cache™ technology, offering up to 66% performance uplift in technical computing workloads. It features a significant 768MB of L3 cache and provides compatibility with existing platforms. These processors significantly improve performance in applications like CFD, FEA, and EDA. AMD's innovation aims to reduce server utilization and power consumption, potentially lowering total cost of ownership (TCO) by 51% over three years, thereby supporting environmental sustainability goals.
Elliptic Labs (OSE: ELABS) has announced a collaboration with AMD (Nasdaq: AMD) to integrate its AI Virtual Smart Sensor Platform into select PCs and laptops powered by AMD Ryzen™ PRO 5000 Series processors. This partnership aims to enhance user experiences with features like presence detection and touchless gestures. By utilizing a software-only approach, OEMs can reduce costs and reliance on hardware sensors. This collaboration is anticipated to significantly benefit both companies by expanding their market capabilities in response to the growing demand for innovative, energy-efficient devices.
AMD has announced the release of AMD Software: Adrenalin Edition 2022, featuring the new Radeon Super Resolution (RSR) technology which provides significant performance enhancements and is compatible with thousands of games. The update also includes AMD FidelityFX Super Resolution (FSR) 2.0, an advanced upscaling technology expected to boost framerates without requiring dedicated hardware. Key features encompass improved AMD Link capabilities, enhanced Radeon Image Sharpening, and faster download options. This release aims to elevate gaming experiences on AMD systems, with a performance uplift of up to 15% compared to the previous version.