US stocks slip as Alphabet, AMD forecasts fan AI payoff concerns US stocks: The tech-heavy Nasdaq led losses among the major Wall Street indexes at the open on Wednesday, following downbeat forecasts ...
AMD reported better-than-expected results on the top and bottom lines, but it also reported data center sales of $3.86 billion. That reflected 69% growth from a year ago but fell short of the $4. ...
AMD’s share price fell by nearly 9% in after-hours trading, after the company disappointed Wall Street with its data-center sales. Chief executive Lisa Su’s semiconductor giant actually beat ...
AMD's overall revenue shot up 24% year over year in the fourth quarter. The data center segment, which accounts for AMD's EPYC server CPUs and its Instinct AI accelerators, was the star performer.
Data center development is something that the market is apprehensive about due to the reduced projection values for the segment by financial institutions such as Cantor Fitzgerald, Bank of America, ...
Its competitive edge hinges on expanding its data center capabilities while innovating across the client and embedded markets. AMD’s Data Center segment notably reached $3.9 billion in Q4 ...