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AMD Posts Higher Revenue on Continued Data-Center Demand
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion.
AMD sees Q1 data center revenue down quarter-over-quarter
Sees AI data center demand environment to strengthen in 2025. Sees AI chip at tens of billions in next couple of years. Says cheaper AI models
AMD Record Growth Driven by Data Center
Advanced Micro Devices posts strong revenue growth, beating analyst expectations, though challenges remain in specific market segments.
AMD stock gains after strong Q4 results, AI-driven growth
Investing.com-- Advanced Micro Devices Inc (NASDAQ:AMD) reported better-than-expected fourth quarter earnings and revenue, driving its stock up 4% in after-hours trading.
AMD reports record Q4 revenue, but Data Center growth slows
Q4 2024 financial results demonstrated record revenue growth for the quarter and showed the chipmaker increasing its market share, likely at the expense of rival Intel (NASDAQ:INTC). Still, shares dipped in after-hours trading on Tuesday,
4h
on MSN
Amid AI boom, Gov. Ferguson creates workgroup to study impact of data centers in Washington state
Washington Gov. Bob Ferguson today announced that he's forming a work group to dig into the impacts of data centers in the ...
7d
The Current And Future Path To AI Inference Data Center Optimization
While training has been the focus, inference is where AI's value is realized. Training clusters need large amounts of power.
CRN
1h
AMD CEO: Annual AI Chip Revenue To Reach Tens Of Billions In ‘Coming Years’
After making more than $5 billion from Instinct data center GPUs in 2024, AMD CEO Lisa Su said in a fourth-quarter earnings ...
3d
on MSN
Exxon’s CEO touted this ‘huge advantage’ in building power plants for AI data centers
"Our view is we'll bring this on faster than anybody else in the industry, and we'll certainly bring it on faster than any ...
16h
NuScale Power: Will AI Data Center Energy Demand Keep This SMR Stock Hot?
NuScale has the potential to become the go-to SMR developer for AI data center power. Click here to see why SMR stock is a ...
8d
on MSN
This $500 Billion AI Data Center Investment Could Accelerate Demand for This Crucial Fuel
President Trump recently announced that several companies in the private sector are teaming up to invest up to $500 billion ...
4d
Canadian bitcoin miner Bitfarms mulls pivot to AI data centers
Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities to ...
24/7 Wall St
6d
AI and Data Centers Gobbling Electricity: 4 High-Yield Dividend Utility Stock Bargains
The highest-yielding utility stocks could benefit from the massive increase in electricity use, and all offer dependable ...
3h
Data center boom yields $20M office refi for Maitland Management
The firm plans to use $20 million to reposition two Dallas office buildings for data centers and AI server farms.
5h
Lumen beats quarterly revenue estimates on data center demand
Fibre-optic cable provider Lumen Technologies reported fourth-quarter revenue above Wall Street estimates on Tuesday, driven by rising demand for data centers amid the AI boom.
8h
AI Data-Center Leader Hits All-Time High. Credit Two Reasons After DeepSeek Carnage.
Celestica stock plunged amid the DeepSeek sell off last week but soared to an all-time high on earnings and sales outlook.
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