AMD reported record second-quarter revenue of $11.5 billion, up 50% year over year, with data center revenue reaching $6.7 billion, up 107%, as CEO Lisa Su said open-source contributions to its ROCm s…
AMD executives say the chip company's open-source strategy gives it an edge over Nvidia in the AI chip race, with CEO Lisa Su noting that open-source contributions to its ROCm software have increased …
AMD reported Q2 profits surging 163 percent year-over-year on revenues of $11.5 billion, but its shares fell 10.5 percent after the announcement as investors worried about its exposure to a handful of…
AMD reported $11.5 billion in revenue for the quarter, up 50% year-over-year, driven by AI demand, with data center revenue more than doubling and now representing 58% of total revenue. CEO Lisa Su re…
Advanced Micro Devices (AMD) forecast third-quarter revenue of roughly $13 billion, surpassing analyst expectations of $12.52 billion, driven by surging demand for its AI data-center chips. The compan…
AMD's data center segment revenue reached $6.7 billion in Q2 2026, more than doubling from $3.2 billion a year earlier, while gaming revenue fell 31% to $779 million. The surge is driven by AI infrast…
AMD's data center revenue more than doubled year-over-year to $6.7 billion in Q2 2026, driven by AI demand, while gaming revenue fell 31% to $779 million. Overall revenue rose 50% to a record $11.5 bi…
AMD reported record second-quarter revenue of $11.54 billion, up 50% year-over-year, with data center revenue more than doubling to $6.7 billion, yet shares fell 7.63% in extended trading after the co…
Advanced Micro Devices reported record revenue of $11.5 billion for the second quarter ended June 30, up 50% year-over-year, driven by AI demand, with data center revenue of $6.7 billion, up 107%. CEO…
AMD is expected to report strong earnings today, driven by robust demand for its AI chips, with revenue growth accelerating from 8.9% in Q2 2024 to 37.8% in Q1 2026 and sales per employee rising from …
AMD reported second quarter 2026 revenue of $11.5 billion, up 50% year-over-year, with record profitability driven by Data Center revenue more than doubling to $6.7 billion. Non-GAAP diluted earnings …
AMD will report Q2 earnings on Tuesday as chip stocks have dropped 20% since mid-June. AMD stock is up 194% in the last 12 months, driven by AI demand for CPUs. The company launched its Helios racksca…
OpenAI CEO Sam Altman testified before the Senate Commerce Committee on May 8, 2025, chaired by Senator Ted Cruz, backing a 'light-touch' AI safety bill and warning that pre-deployment vetting require…
AMD is leveraging its rackscale AI system roadmaps to compete for datacenter spending, with CEO Lisa Su unveiling CPU and GPU plans at the Advancing AI 2026 event. The company has regained credibility…
AMD CEO Lisa Su said artificial intelligence has reached an inflection point where more people are doing genuinely useful, meaningful work with it, speaking in a Yahoo Finance interview on July 24, 20…
At AMD's Advancing AI event, CEO Lisa Su claimed outright leadership across CPUs, GPUs, rack-scale performance, memory capacity, network bandwidth and tokens per dollar, raising the stakes beyond the …
AMD CEO Lisa Su announced new data center GPUs and CPUs at the Advancing AI conference, including the Helios 72-GPU rack system with MI455 GPUs delivering up to 18× more tokens per dollar versus MI355…
AMD's data center division posted $5.78 billion in revenue for Q1 2026, a 57% year-over-year jump, putting the company on track to exceed CEO Lisa Su's $100 billion annual data center revenue target b…
South Korea's Ministry of Science and ICT and U.S. chip giant AMD signed an MOU to establish an AI research center in Korea, Deputy Prime Minister Bae Kyung-hoon and AMD Chair and CEO Lisa Su announce…
AMD CEO Lisa Su said the total addressable market for AI products will grow 45% a year through 2030 to $1.4 trillion, up from her previous estimate of $500 billion six months ago, driven by surging de…