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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.
AMD to Present at the Deutsche Bank Technology Conference 08/20/2024 16:15 -0400 SANTA CLARA, Calif., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced that Mark Papermaster, executive vice president and chief technology officer, will present at the Deutsche Bank Technology Conference on Wednesday, Aug. 28 at 1:15 pm PT / 4: ...
The surge comes as the S&P 500 and Nasdaq Composite lost 1.7% and 3.3%, respectively. AMD's stock suffered from the same news dragging down much of Silicon Valley today: the release of a new ...
While the stock is seeing big sell-offs in today's trading, AMD's third-quarter results weren't concerning in isolation. Overall revenue was up 17.6% year over year in the period, and adjusted ...
Two AMD Ryzen 9000 series microprocessors with Zen 5 architecture. Zen 5 ("Nirvana") [1] is the name for a CPU microarchitecture by AMD, shown on their roadmap in May 2022, [2] launched for mobile in July 2024 and for desktop in August 2024. [3] It is the successor to Zen 4 and is currently fabricated on TSMC's N4X process. [4]
The semiconductor company's share price was down 3.6% as of 11:45 a.m. ET and had been down as much as 5.2% earlier in the session. AMD stock is falling today on the heels of bearish coverage from ...
AMD's sponsorship of Formula 1 racing began in 2002 and since 2020 has sponsored the Mercedes-AMG Petronas team. [332] 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. [333] On 18 April 2018, AMD began a multi-year sponsorship with Scuderia Ferrari. [334]
Silo AI also develops advanced open-source multilingual LLMs, including Poro and Viking, on AMD platforms, along with its SiloGen model platform. AMD held $6.04 billion in cash and equivalents as ...