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AMD shares fall on chipmaker's soft fourth-quarter guidance

AMD is one of the few chipmakers capable of making the kind of high-end graphics processing units (GPUs) needed to train and deploy generative AI models ....

United States , Lisa Su , Southern California ,

AMD shares fall on chipmaker's soft fourth-quarter guidance

AMD is one of the few chipmakers capable of making the kind of high-end graphics processing units (GPUs) needed to train and deploy generative AI models ....

San Diego , United States , Lisa Su ,

AMD forecasts $2 billion sales of AI chips, helping shares rebound

(Reuters) -Chip designer Advanced Micro Devices on Tuesday forecast $2 billion in sales in 2024 from a chip that aims to compete with Nvidia in the artificial intelligence (AI) market, helping shares recover after a quarterly outlook missed expectations. AMD forecast fourth-quarter revenue and gross margins below Wall Street estimates, hurt by a weak gaming market as well as a decline in demand from some industries for its programmable chips. Shares of the Santa Clara, California-based company fell as much as 4.6% in after-market trading but turned roughly flat after executives disclosed on a conference call the outlook for its chip to compete with Nvidia. ....

United States , Krishna Chandra Eluri , Jonathan Oatis , Santa Clara , Stephen Nellis , Lisa Su , Chavi Mehta , Advanced Micro Devices , Wall Street , Meta Platforms , Rod Nickel ,

Why Lattice Semiconductor Shares Crashed Hard Today

Why did Lattice's stock take a nosedive despite solid third-quarter results? Here's what you need to know. ....

Jim Anderson , Lattice Semiconductor , Lattice Devices , Advanced Micro Devices ,

AMD forecasts misses estimates, shares drop

AMD forecasts misses estimates, shares drop
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United States , Jonathan Oatis , Santa Clara , Chavi Mehta , Krishna Chandra Eluri , Thomson Reuters Trust Principles , Advanced Micro Devices , Wall Street , Meta Platforms , Thomson Reuters Trust ,