Advanced Micro Devices (NASDAQ:AMD) has just sealed its $4.9 billion acquisition of ZT Systemsmarking a bold move to ramp up its data center game and take the fight to Nvidia in the booming AI infrastructure space. ZT, a major server designer with over $10 billion in annual revenue, brings 1,000 engineers into AMD’s camp, instantly…
Photo: BING-JHEN HONG (Getty Images) The escalating chip war between the U.S. and China, compounded by a series of retaliatory tariffs, is poised to have far-reaching consequences for the global AI industry. Major AI stocks in the U.S., including Nvidia (NVDA), Super Micro Computer (SMCI), and Advanced Micro Devices (AMD), continued to climb Wednesday. However,…
In This Story The Nasdaq and other major stock market indexes dipped Wednesday morning after underwhelming earnings reports from Google parent Alphabet (GOOGL-7.46%) and chipmaker Advanced Micro Devices (AMD-10.21%). Other tech stocks such as Apple (AAPL-1.03%), Amazon (AMZN-2.05%), and Tesla (TSLA-1.77%) were also in the red. Tariffs, interest rates, and market volatility: What they mean…
Feb 5 – Following its Q4 2024 earnings report, which consists of mixed results, Advanced Micro Devices (AMD, Financial) shares witnessed a more than 9% decline in its premarket trading on Wednesday. AMD recorded $7.66 billion in total revenue with $1.09 in adjusted EPS for Q4 2024, while its data center segment brought in $3.86…
By Max A. Cherney, Stephen Nellis, Arsheeya Bajwa (Reuters) -Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia, even as its quarterly results and revenue outlook exceeded analyst estimates on Tuesday. Shares of the Santa Clara, California-based company dropped about 10% in extended trading. AMD’s shares…
In This Story The Nasdaq and other major indices saw gains on Tuesday morning following a strong earnings report from Palantir. Meanwhile, investors are anticipating President Trump’s next move as China responded to Trump’s new tariffs by promising to implement its own import taxes starting next week. What DeepSeek’s AI breakthrough means for Meta, OpenAI,…
We recently published a list of 10 Best Stocks to Buy and Hold For 2025. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD stands against other best stocks to buy and hold for 2025. Stocks have been performing well lately as they seem to have been…
Advanced Micro Devices (AMD) slips by nearly 6% on Monday after Bank of America analysts downgraded their rating on the stock from Buy to Neutral, also cutting the price target to $155 per share. Market Domination’s Julie Hyman and Josh Lipton check out the analyst commentary on the chipmaker as it faces stiffer competition from…
There’s no doubt that the major US indexes remain in a strong uptrend, with stocks putting together a remarkable 2024 as this latest bull market enters its third year. Technology stocks have mainly led the way higher, but we are beginning to see other pockets of the market return to the forefront. Better-than-expected corporate earnings,…
Shares of Advanced Micro Devices (AMD, Financial) dipped 4% on Monday after Bank of America downgraded Advanced Micro Devices from Buy to Neutral, citing headwinds in the PC sector into 2025 and challenges in the AI accelerator market. In addition, AMD’s price target was cut to $155 from $180, and the firm’s 2025 and 2026…