Advanced Micro Devices, Inc. gains momentum with China expansion, AI adoption, and OpenAI ties. Click for my updated look at ...

Summary. Since I rated Advanced Micro Devices, Inc. a "Hold" in March 2024, the stock has declined by 22%, while its direct peer, Nvidia, has managed to grow by 59% over the same period.

Advanced Micro Devices ( ($AMD) ) has been popular among investors this week. Here is a recap of the key news on this stock. Advanced Micro ...

AMD’s AI story was already ‘tenuous,’ and now the stock has new challenges Bernstein says AMD’s AI chips remain uncompetitive. That’s nothing new, but in the PC business, ...

Last week, AMD said it would be taking a charge of up to $800 million in the second quarter, as the new export restrictions on China from the U.S. will affect sales of its MI308 chips.

AMD is working to address these challenges by advancing the launch of its MI350 GPU to mid-2025. The company expects this new product to drive strong growth in data center GPU revenues by the end ...

AMD's second-quarter guidance includes impact from new U.S. export controls. For Q2, management guided for: Revenue of $7.4 billion, which equates to growth of 27% year over year.

AMD stock is down 26% year-to-date.I-HWA CHENG/Getty Images AMD stumbles in AI race. AMD shares have been under pressure for months. The company has been trying to catch up to Nvidia in AI ...

Conclusion. The re-evaluation of AMD stock by Goldman Sachs underscores the dynamic nature of the tech industry. As AMD navigates through market challenges, it remains pivotal for investors and ...

Advanced Micro Devices shares are trading lower by 11.5% over the trailing week. Investors are weighing U.S. government restrictions on AI chip exports to China and several other regions.

Advanced Micro Devices (AMD-0.20%) recently introduced its latest artificial intelligence (AI) chip as it looks to make a dent in Nvidia's (NASDAQ: NVDA) huge market share.