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.
At Computex 2021, AMD unveiled the Radeon RX 6000M Series Mobile Graphics, achieving up to 1.5X performance improvements over previous architectures. The lineup includes the RX 6800M, offering desktop-class performance for 1440p gaming. Additionally, the AMD Advantage Design Framework enhances laptop performance with cutting-edge technologies like Smart Access Memory and SmartShift, aiming for over 100FPS in demanding titles. The new AMD FidelityFX Super Resolution technology promises up to 2.5X higher performance than native resolution in selected games, with broad support from developers.
AMD has announced the unveiling of the Perlmutter supercomputer at the National Energy Research Scientific Computing Center, significantly boosting computational power by four times. This advanced supercomputer, featuring AMD EPYC™ 7003 Series processors, aims to facilitate cutting-edge research in clean energy, climate science, artificial intelligence, and microelectronics. Phase 1 deployment includes 1,536 nodes and a high-bandwidth storage system, while Phase 2 will introduce additional nodes later this year. This partnership is expected to drive major scientific discoveries.
AMD announces that Dan McNamara, Senior Vice President and General Manager of AMD's Server Business Unit, will present at the Bank of America 2021 Global Technology Conference on June 9, 2021, at 10:45 AM ET.
A live webcast will be available on AMD's Investor Relations website, with replay access starting four hours after the event and lasting one year.
For over 50 years, AMD has innovated in computing and visualization technologies, essential for gaming and data centers.
The Mercedes-AMG Petronas Esports Team has chosen AMD as its hardware partner, utilizing AMD Ryzen processors and Radeon graphics cards to enhance their gaming performance.
This strategic partnership aims to provide ultra-low latency and high-framerate gaming, giving the team a competitive advantage in virtual racing. The AMD-powered systems will be used in a new esports training facility set to launch later in 2021. AMD's technologies, including Smart Access Memory and Anti-Lag, will optimize the gaming experience for the esports athletes, further supporting their competitive edge.
AMD is set to showcase its vision for the future of computing during the keynote at COMPUTEX 2021, themed "Building Global Technology Ecosystems." The presentation, titled "AMD Accelerating – The High-Performance Computing Ecosystem," will be delivered by CEO Dr. Lisa Su on June 1, 2021, at 10:00 AM (GMT+8). This event will emphasize AMD's advancements in high-performance computing and graphics solutions. The keynote will be livestreamed on various platforms, enhancing accessibility for global viewers.
AMD has announced a new share repurchase program, authorizing up to $4 billion to buy back its common stock. This initiative aims to return value to shareholders, offset dilution, and reduce the share count. Funding will come from operational cash flow, bolstered by strong financial performance. CEO Dr. Lisa Su expressed confidence in AMD's growth strategy and financial health, indicating that the program signifies the company's commitment to enhancing shareholder value. The repurchase program has no termination date and can be adjusted at any time.
AMD has announced that Dr. Lisa Su, President and CEO, will deliver a keynote presentation at the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 24, 2021, at 8:45 AM ET. Interested parties can access a real-time video webcast on AMD's Investor Relations website, with a replay available for one year after the event. AMD, a leader in high-performance computing and graphics technology, focuses on innovation that enhances user experiences across various sectors.
AMD EPYC 7003 Series processors have been selected to power Singapore’s new supercomputer at the National Supercomputing Centre (NSCC). This system, built on the HPE Cray EX supercomputer, will utilize EPYC 7763 and EPYC 75F3 processors, intended to be fully operational by 2022.
This supercomputer is designed to achieve a peak performance of 10 petaFLOPS, which is 8 times faster than existing HPC resources at NSCC, supporting scientific research in areas such as biomedicine and climate.
AMD reported a remarkable revenue increase of 93% year-over-year for Q1 2021, totaling $3.45 billion, alongside a surge in net income to $555 million and EPS of $0.45. Non-GAAP metrics also showed significant growth with operating income hitting $762 million and EPS at $0.52. The Computing and Graphics segment generated $2.10 billion, while the Enterprise segment soared 286% to $1.35 billion. AMD anticipates continued growth, enhancing full-year guidance due to robust demand for its high-performance products.
AMD has launched the Radeon Software Adrenalin 21.4.1, enhancing user experience with customizable installation options and improved recording features. Key updates include AMD Link for remote gaming across devices, a streamlined user interface, and expanded performance metrics. The software also supports PlayReady AV1 for high-quality streaming and introduces features like Crash Defender for system stability. These enhancements aim to elevate gaming performance and accessibility for users on a variety of devices.
FAQ
What is the current stock price of Advanced Micro Devices (AMD)?
What is the market cap of Advanced Micro Devices (AMD)?
