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The company reported revenue of $6.82 billion for the third quarter, compared with estimates of $6.71 billion. AMD reported adjusted earnings of 92 cents a share, in line with analyst expectations.
The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts' average estimate, according to LSEG data. AMD reported revenue of $5 ...
Analysts estimate AMD's revenue will finish 2024 at $25.66 billion and increase to $32.56 billion in 2025. If accurate, that would represent nearly 27% growth. Ironically, AMD stock trades at a P ...
AMD forecast adjusted gross margins of 51.5%, slightly below estimates of 52.1%, according to LSEG data. Adjusted revenue in the third quarter rose 4% to $5.8 billion, compared with estimates of ...
On the PC side, AMD reported Client revenue of $1.37 billion, ahead of Wall Street's estimates of $1.29 billion. According to IDC, global PC shipments grew 1.5% in the first quarter of 2024 ...
While it beat estimates on the top and bottom line, the company missed on its Q4 guidance. ... AMD's gaming revenue came in at $1.5 billion, down 8% year over year and missing analysts ...
Advanced Micro Devices on Tuesday increased its 2024 forecast for artificial intelligence chip sales by $500 million and said supplies would remain tight through 2025, sending shares of the Santa ...
(Reuters) -Chipmaker Advanced Micro Devices Inc on Thursday provided third-quarter revenue estimates that were about a billion dollars less than previously forecast, signaling the chip slump could ...