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Advanced Micro Devices (NASDAQ: AMD) stock surged in Tuesday's trading. The company's share price closed out the day's trading up 4% and had been up as much as 4.7% earlier in the session.
AMD: Shares of the chipmaker rose about 2% early Monday after the company announced plans to acquire hyperscale solutions provider ZT Systems in a deal valued at $4.9 billion.
Image source: Advanced Micro Devices (AMD) presentation. The gaming segment, which is cyclical, is enduring a downturn between gaming console generations.
AMD's gaming revenue came in at $1.5 billion, down 8% year over year and missing analysts' expectations of $1.53 billion. AMD's gaming chips are used in video game consoles like Sony’s ...
Advanced Micro Devices (NASDAQ: AMD) stock is losing ground Wednesday after the publication of the company's third-quarter results. The semiconductor specialist's share price was down 9.6% as of 1 ...
AMD's sponsorship of Formula 1 racing began in 2002 and since 2020 has sponsored the Mercedes-AMG Petronas team. [329] AMD was also a sponsor of the BMW Sauber and Scuderia Ferrari Formula 1 teams together with Intel, Vodafone, AT&T, Pernod Ricard and Diageo. [330] On 18 April 2018, AMD began a multi-year sponsorship with Scuderia Ferrari. [331]
AMD's Advancing AI conference delivered new product reveals and promising sales indicators, and the pullback for the company's stock is likely a reflection of "buy the rumor, sell the news" dynamics.
Zen 4 is the first AMD microarchitecture to support AVX-512 instruction set extension. Most 512-bit vector instructions are split in two and executed by the 256-bit SIMD execution units internally. The two halves execute in parallel on a pair of execution units and are still tracked as a single micro-OP (except for stores), which means the ...