A new report about OpenAI's hardware strategy just powered significant gains for AMD stock.Advanced Micro Devices (AMD 3.96%) stock surged in Tuesday's trading. The company's share price closed out the day's trading up 4% and had been up as much as 4.7% earlier in the session.Reuters published a report today detailing elements of OpenAI's strategy when it comes to the use of hardware for artificial intelligence (AI). While most of the report was concentrated on the company's efforts to design a new AI chip ...

Advanced Micro Devices (AMD) reported third-quarter earnings that missed expectations, sending shares lower after the closing bell Tuesday. The chipmaker's third-quarter revenue grew 18% year-over-year to $6.82 billion, ahead of the Visible Alpha analyst consensus. Net income at $771 million or 47 cents per share was up from $299 million or 18 cents per share a year earlier, but below Street estimates as costs rose. AMD's Outlook Disappoints Despite Record Data Center Revenue AMD's revenue gains came as dat ...

ToplineAdvanced Micro Devices beat Wall Street expectations on earnings and revenue by a small margin, sending shares of the semiconductor firm tumbling in after-hours trading.Advanced Micro Devices, Inc. (AMD) logo seen displayed on a smartphone with an AI chip and symbol in ... [+] the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Key FactsAMD reported $0.92 earnings per share and $6.8 in revenue in the third quarter of ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Advanced Micro Devices (AMD) reported third-quarter results on Tuesday, with earnings in line with forecasts and revenue that slightly beat expectations.Here's how the company did, compared to LSEG estimates for the quarter ending Sept. 28:Earnings per share: 92 cents adjusted vs. 92 cents expectedRevenue: $6.82 billion vs. $6.71 billion expectedAMD said its important data center business doubled in sales for the second quarter in a row, but overall revenue guidance for the fourth quarter was in line with c ...

财务业绩 - 第三季度营收为68.19亿美元，同比增长18%，环比增长17%[2,4] - 非GAAP毛利率为54%，同比增长3个百分点，环比增长1个百分点[5] - 公司第三季度净收入为68.19亿美元，同比增长17.5%[23] - 第三季度毛利率为50%，较上一季度提升1个百分点[23] - 公司预计第四季度收入将达到58.35亿美元，毛利率为49%[23] - 第三季度研发投入为16.36亿美元，占收入的24%[23] - 第三季度营业利润为7.24亿美元，同比增长223.2%[23] - 第三季度净利润为7.71亿美元，同比增长157.9%[23] - 第三季度每股摊薄收益为0.47美元，同比增长161.1%[23] - 公司将使用13%的非GAAP税率进行财务报告[21] 业务表现 - 数据中心分部营收创纪录，达35亿美元，同比增长122%，环比增长25%[6] - 客户端分部营收为19亿美元，同比增长29%，环比增长26%[6] - 预计第四季度营收约为75亿美元，同比增长约22%，环比增长约10%[16] - 非GAAP毛利率预计约为54%[16] - 数据中心和客户端业务预计将推动公司2024年全年创纪录的收入增长[20] - 第三季度数据中心业务收入为35.49亿美元，同比增长40.8%[26] - 第三季度客户业务收入为18.81亿美元，同比增长26.1%[26] - 第三季度游戏业务收入为4.62亿美元，同比下降28.8%[26] - 第三季度嵌入式业务收入为9.27亿美元，同比增长7.7%[26] 公司动态 - 完成收购Silo AI以加速AI模型在AMD硬件上的开发和部署[13] - 与Intel等公司成立x86生态系统咨询小组，以提高架构互操作性和简化软件开发[14] - 宣布收购ZT Systems以扩大公司在数据中心AI系统方面的能力[12,13] - 公司计划收购ZT Systems公司，预计将于2024年完成[20] - 公司2024年9月28日的现金及现金等价物为38.97亿美元[24] - 公司2024年9月28日的应收账款净额为72.41亿美元[24] - 公司2024年9月28日的存货为53.74亿美元[24] - 公司2024年9月28日的商誉为248.39亿美元[24] - 公司2024年9月28日的收购相关无形资产净额为195.72亿美元[24] - 公司2024年第三季度的净收入为7.71亿美元[25] - 公司2024年前三季度的净收入为11.59亿美元[25] - 公司2024年第三季度的折旧和摊销费用为7.56亿美元[25] - 公司2024年前三季度的折旧和摊销费用为23.09亿美元[25] - 公司2024年第三季度的经营活动产生的现金流为6.28亿美元[25] - 第三季度调整后EBITDA为18.87亿美元，同比增长31.8%[28] - 第三季度自由现金流为4.96亿美元，同比增长12.8%[29] - 第三季度资本支出为1.32亿美元[26] - 截至9月28日，公司现金及现金等价物为45.44亿美元[26] - 截至9月28日，公司总资产为696.36亿美元[26] - 截至9月28日，公司总债务为17.20亿美元[26]

SANTA CLARA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net income of $771 million and diluted earnings per share of $0.47. On a non-GAAP(*) basis, gross margin was 54%, operating income was $1.7 billion, net income was $1.5 billion and diluted earnings per share was $0.92. “We delivered strong third quarter financial results with record revenue led by higher sales of ...

AMD is about to post earnings soon after this hits your inbox, after markets close today (along with GOOGL). Options traders are staking some big claims about what the outcome of that earnings release will be.But before I get into where I think AMD will land, I'd like to go over a few points.First off, AMD has had a wide range this year starting around $134, hitting a high of $226 and currently printing around $164 having only hit $150 6 days ago. What this translates into is AMD is sitting towards the lowe ...

A significant driver of the ongoing two-year bull run is the potential of AI to revolutionize entire industries. While Nvidia (NASDAQ: NVDA) is the biggest beneficiary of this fact thus far — having seen impressive gains of 190.49% year-to-date (YTD), such a rapid rise has led to widespread concerns about the company's valuation. In contrast, NVDA's only real, direct competitor in terms of chipmaking, Advanced Micro Devices (NASDAQ: AMD) has seen comparatively modest gains of 16.09% in the same period. Finb ...

Can Advanced Micro Devices increase its MI300X revenue guidance again? In today's video, I discuss what Advanced Micro Devices (AMD 2.36%) stock investors need to know before earnings. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Oct. 28, 2024. The video was published on Oct. 28, 2024. ...