AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally ...

Piper Sandler analyst Harsh Kumar adjusted the price target for AMD (NASDAQ:AMD) shares to $140 from the previous $180 while keeping an Overweight rating on the stock. The revision reflects lowered ...

Q4 2024 Management View Lisa Su, Chair and CEO, highlighted AMD's transformative year, emphasizing record annual revenue of $25.8 billion, a 14% increase year-over-year, driven by strong growth in the ...

After making more than $5 billion from Instinct data center GPUs in 2024, AMD CEO Lisa Su said in a fourth-quarter earnings ...

Still, he highlights AMD's upcoming MI350 AI accelerator as a major catalyst, calling it a significant redesign over the MI325 as the new chip launches later this year.

Corporate America just kicked off a new quarterly earnings season. The company has become a worthy competitor to Nvidia in ...

While AMD says its forthcoming Instinct MI325X GPU can outperform Nvidia’s H200 for large language model inference, the chip designer is teasing that its next-generation MI350 series will ...

A new MI350 chip is expected from AMD later this year, but the analysts added it could struggle to compete with AI chipmaking titan Nvidia's (NVDA) offerings. HSBC lowered its fiscal 2025 AI GPU ...

In the meantime, even CEO Lisa Su admitted in October that despite their efforts to compete against NVIDIA's (NVDA) Blackwell chips through their MI350 series, growth opportunities in the future ...

AMD has since launched the MI325X to compete with Nvidia's newer H200, and in the second half of this year, it expects to start shipping the new MI350 series. The MI350 will be built on an ...