Page 99 - Amd News Today

Boston Partners boosted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 6.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,302,041 shares of the semiconductor manufacturer’s stock after buying an additional 204,620 shares during the period. Boston Partners owned […]

Zions Bancorporation N.A. decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 3.3% during the third quarter, HoldingsChannel reports. The institutional investor owned 2,939 shares of the semiconductor manufacturer’s stock after selling 101 shares during the period. Zions Bancorporation N.A.’s holdings in Advanced Micro Devices were worth $302,000 at […]

Atria Investments Inc lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 2.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,771 shares of the semiconductor manufacturer’s stock after selling 850 shares during the period. Atria Investments Inc’s holdings in Advanced Micro […]

Atria Investments Inc reduced its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 2.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 41,771 shares of the semiconductor manufacturer’s stock after selling 850 shares during the period. Atria Investments Inc’s holdings in Advanced Micro Devices were worth $4,295,000 as of its […]

Shares of the tech giants slipped in late trading on Tuesday after they delivered 2023 results and forecasts for the current quarter, as Wall Street seeks more clarity on AI’s impact on financial performance.

Following on from an announcement at CES, today AMD is officially launching its new Ryzen 8000G series of desktop processors, ushering in a new generation of powerful APUs.

AMD's next-gen Zen 5 processors launching in 2H 2024, with next-gen flagship X870E motherboards and rumored support for DDR5-8000 memory support.

AMDs near doubling of its AI processor projections to $3.5 billion was not enough to meet Wall Streets lofty projections for the companys AI fortunes, or assuage the pain of a significant drop in its programmable chip and videogame businesses.

AMD says that its Ryzen CPUs are powering 'more than 90% of AI-enabled PCs currently in the market' and it has absolutely no signs of slowing down.

Large and small businesses are looking for alternatives to the advanced AI chips produced by Nvidia, which commands roughly 80% market share. AMD has one of the few viable alternative products in the market.