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AMD Q3 Earnings Highlights: Revenue And EPS Miss, Data Center Growth, Q4 Guidance And More
Tuesday, November 1, 2022 - 4:48pm | 425Semiconductor giant Advanced Micro Devices (NASDAQ: AMD) reported third-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: AMD reported third-quarter revenue of $5.565 billion, up 29% year-over-year. The revenue total missed a Street estimate of $5.62...
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Why AMD Shares Are Rising
Monday, November 8, 2021 - 1:52pm | 265Advanced Micro Devices (NASDAQ: AMD) shares are trading higher after the company presented at its Accelerated Data Center event. The company announced Meta (NASDAQ: FB) chose EPYC CPUs for its data center. "We are building significant momentum in the data center with our leadership product...
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Advanced Micro Devices Reports Q4 Inline With Expectations
Tuesday, January 20, 2015 - 5:48pm | 220Advanced Micro Devices, Inc. (NASDAQ: AMD) announced financial results Tuesday for the fourth quarter of 2014. Revenue came in at $1.24 billion, inline with estimates and below the $1.59 billion reported in the prior year period. The company reported an operating loss of $330 million and net...
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UPDATE: Wedbush Downgrades Advanced Micro Devices On CEO News; Stock Falls 10%
Thursday, October 9, 2014 - 4:17pm | 268Wedbush downgraded Advanced Micro Devices, Inc. (NYSE: AMD) in a report issued Wednesday from Outperform to Neutral and lowered its price target from $6 to $3. The downgrade came after AMD announced the Rory Read had stepped down as President and CEO and Dr. Lisa Su had been appointed as his...
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Advanced Micro Devices Reports Recent Steps In Company Transformation
Thursday, June 12, 2014 - 11:28am | 354Advanced Micro Devices (NYSE: AMD) on Thursday announced its recent steps in the multi-year strategic transformation. Dr. Lisa Su Named COO In a press release on Thursday, Advanced Micro Devices reported that Dr. Lisa Su will lead the new structure as the company's Chief Operating Officer...