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Stock Slides despite Solid Results and Guidance Beat
AMD Earnings: Stock Tests Lowest Since Late 2023
Shares in Advanced Micro Devices (AMD) fell after results from the chip maker underwhelmed investors, with [slower-than-expected revenue growth in its data-center division](
What's Going On With AMD Stock Wednesday?
Advanced Micro Devices Inc (NASDAQ:AMD) shares are falling Wednesday morning on the heels of the company's fourth-quarter financial results. Multiple analysts also lowered price targets following the print.
AMD Earnings: Stock Slides despite Solid Results and Guidance Beat
Shares of Advanced Micro Devices (AMD) are down in after-hours trading after the chipmaker reported Q4 earnings results. Earnings per share
AMD Stock Down 9% on Growth Forecast
The growth was driven by its x86 PC CPU business rocketing 56% higher. Although gaming revenue was down 59% year-over-year, it was up 22% from the third quarter to $538 million. All eyes, however, were fixated on the data center business, which houses AMD's AI accelerator operations.
Watch These AMD Stock Price Levels After Post-Earnings Plunge
Key Takeaways AMD shares fell 9% in extended trading Tuesday after the chipmaker reported data center sales figures that came in below Wall Street estimates.The stock has trended sharply lower within a descending channel since falling below the 200-day moving average in October last year.
AMD Beats Earnings. The Stock Is Wavering.
AMD reported better-than-expected earnings results Tuesday afternoon. Its shares wavered in after-hours trading. The semiconductor company reported fourth-quarter adjusted earnings per share of $1.09,
AMD, Data Center
AMD Stock Plunges as Wall Street Lowers Targets on Data Center Miss
AMD (AMD) stock plunged after its weak near-term outlook on data center growth prompted analysts to cut price targets, despite quarterly
AMD Data Center Sales Miss Estimates in Sign of AI Slowdown
Advanced Micro Devices Inc. reported disappointing results for its data center division, signaling that it’s not making gains on Nvidia Corp. in the market for artificial intelligence computing.
AMD Posts Higher Revenue on Continued Data-Center Demand
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion.
2h
Stock Market Today: S&P 500, Nasdaq Futures Fall; Google, AMD in Focus
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
3h
on MSN
Stock Market Today: AMD, Apple, Google drag stocks lower amid trade war jitters
U.S. equity futures moved lower in early Wednesday trading, while the dollar fell and Treasury bonds rallied, as investors ...
19h
on MSN
AMD comes up short in a key segment — and that’s pressuring its stock
All eyes will be on Advanced Micro Devices Inc.’s artificial-intelligence momentum when the company reports earnings Tuesday ...
27m
Mark Zuckerberg Just Delivered Incredible News for Nvidia, AMD, and Micron Stock Investors
Advanced Micro Devices (AMD 4.58%), and Micron Technology (MU 0.82%) plunged on news that a Chinese start-up called DeepS ...
1h
Stock market today: Nasdaq, S&P 500, Dow futures slide as Alphabet and AMD earnings fall short
Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/105.JzBkOQ-g.js ...
3h
Stock Market Today: Nasdaq to lead Dow, S&P 500 lower as Alphabet revives Big Tech spending concerns; AMD stock slumps; Qualcomm earnings on tap.
Follow all the latest U.S. market action for Wednesday here as Big Tech stocks again come under pressure on capex concerns.
1h
Nasdaq futures lag as Alphabet, AMD slide after bleak forecasts
Google-parent Alphabet dropped 7.5% in premarket trading after posting a deceleration in cloud revenue growth, missing ...
9h
on MSN
AMD’s post-earnings decline is a bit too unfair: here’s why analyst remains strongly bullish
AMD stock tanks as quarterly data centre sales disappoint. Rosenblatt analyst reveals several reasons to buy the dip.
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