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Advanced Micro Devices Inc. - AMD STOCK NEWS

Welcome to our dedicated news page for Advanced Micro Devices (Ticker: AMD), a resource for investors and traders seeking the latest updates and insights on Advanced Micro Devices.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Advanced Micro Devices's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Advanced Micro Devices's position in the market.

Rhea-AI Summary
AMD strengthens relationship with VMware, showcasing performance of EPYC CPUs and Pensando DPUs for virtualized environments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
Tags
none
-
Rhea-AI Summary
AMD announces the general availability of Amazon EC2 M7a and Hpc7a instances, offering improved performance and efficiency for high-performance and tightly coupled HPC workloads.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
none
-
Rhea-AI Summary
AMD survey finds that 3 in 4 IT leaders are optimistic about the potential benefits of AI, but 52% lack the necessary IT infrastructure. 2 in 3 IT leaders are increasing investments in AI technologies. Organizations that have implemented AI solutions report increased workplace efficiency. AMD is focused on developing cutting-edge solutions with AI capabilities across its product portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
AI
Rhea-AI Summary
AMD announces two new additions to the AMD Radeon PRO W7000 Series product line: the AMD Radeon PRO W7600 and AMD Radeon PRO W7500 workstation graphics cards. The new cards offer higher TFLOPS performance and maximum total data rate for displays compared to the previous generation. They are designed for mainstream workloads in professional industries and feature 8GB of high-speed GDDR6 memory.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.48%
Tags
none
-
Rhea-AI Summary
AMD announced revenue of $5.4 billion for Q2 2023, with strong performance in 4th Gen EPYC and Ryzen 7000 processors. AI engagements increased significantly, and the company is on track to launch MI300 accelerators in Q4. Data Center and Client segment revenues are expected to grow double-digit in Q3, driven by demand for EPYC and Ryzen processors. However, Gaming and Embedded segment revenues declined. Overall, AMD's financial results and product portfolio indicate positive growth potential.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.02%
Tags
earnings
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Rhea-AI Summary
AMD plans to invest approximately $400M in India over the next five years, including the construction of a new campus in Bangalore and the addition of 3,000 engineering roles by 2028.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
none
Rhea-AI Summary
AMD (NASDAQ: AMD) will report fiscal second quarter 2023 financial results on August 1, 2023, after the market closes. Management will conduct a conference call to discuss the results at 5:00 p.m. EDT / 2:00 p.m. PDT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
Tags
conferences earnings
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Rhea-AI Summary
SAP has chosen AMD EPYC processor-powered Google Cloud N2D virtual machines to run its cloud ERP delivery operations for RISE with SAP, increasing adoption of AMD EPYC for cloud-based workloads. AMD EPYC processors offer exceptional performance, security features, and energy efficiency for enterprise workloads in the cloud.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
none
-
Rhea-AI Summary
AMD announces executive changes to focus on strategic partnerships and accelerate growth in commercial and data center markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
Tags
none
Advanced Micro Devices Inc.

Nasdaq:AMD

AMD Rankings

AMD Stock Data

290.24B
1.60B
0.48%
74.98%
2.13%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Santa Clara

About AMD

Advanced Micro Devices, Inc., commonly abbreviated as AMD, is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets