Amd Stock News Today

While AMD has been benefiting from an improving PC market and higher demand for its artificial intelligence chips, the company’s gaming business - which makes chips fo...

The company has guided gross margins of 52% for the year, marking a 200 basis point increase compared to last year.

More than a dozen semiconductor stocks outperform the Nasdaq in 2024 with AI fueling optimism in the sector. We take a look at the top chip stocks in Q4 in this analysis.

This follows a solid 2023, which saw the theme rise by 66% over the year.

AMD and Super Micro Computer are both excellent companies, but only one can be the best AI stock to buy today.

Although these companies are from different sectors, we compare them because they have a similar revenue base of around $22-24 billion.

We project that earnings will come in at about $0.78 per share, slightly ahead of the consensus estimates.

Tech giants, such as Meta and Microsoft, have expressed their intention to buy AMD’s newest AI chip, as they look for alternatives to Nvidia.

This has turned the spotlight on companies that make graphics processing units, the de-facto chips for running AI-related workloads.

AMD is set to report strong double-digit growth as it aims to deliver another record performance in 2022, but there are some headwinds appearing on the horizon.