AMD

2024 - 5 - 1

Why AMD's Earnings Disappointment Is Sending Shockwaves in the Chip Industry

AI chip market - AMD - data center - MI300 AI GPU - Nvidia - Super Micro Computer

AMD and Super Micro tumble as earnings fall short of expectations, causing chip stocks to selloff. Find out why this AI powerhouse is facing challenges.

Shares of Advanced Micro Devices and Super Micro Computer took a hit as their earnings fell short of lofty AI expectations, leading to a selloff in chip stocks. AMD, known for its gaming chips, gave a tepid forecast due to weak demand in that sector. Despite AMD's strong revenue performance, the stock market reaction was not as positive as expected. The mixed earnings results highlight the challenges AMD faces in proving its worth in the competitive tech industry. With Nvidia as a strong competitor, AMD struggles to meet investor expectations in the AI and chip market.

On the flip side, AMD saw a remarkable 80% surge in data center sales in the first quarter, showcasing its strength in that segment. The lukewarm market response to their performance indicates the tough competition and high stakes in the AI and computing sector. As analysts revise price targets for AMD following the muted AI sales, the company must navigate through the pressure to meet market demands and maintain its position in the industry.

Despite the challenges, CEO Lisa Su's leadership and the company's growth in data and AI indicate AMD's potential to bounce back. The market's reaction to AMD's latest earnings serves as a reminder of the volatile nature of the tech industry and the constant demand for innovation and adaptability.

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Image courtesy of "CNA"

AMD, Super Micro tumble as earnings fall short of lofty AI expectations (CNA)

Shares of Advanced Micro Devices and Super Micro Computer sank on Wednesday, sparking a selloff in chip stocks, after their earnings disappointed investors ...

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Image courtesy of "Yahoo Finance"

AMD Gives Tepid Forecast Amid Weak Demand for Gaming Chips (Yahoo Finance)

(Bloomberg) -- Advanced Micro Devices Inc., the second-biggest maker of computer processors, gave a lukewarm revenue forecast for the current period, ...

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Image courtesy of "MarketWatch"

AMD's mixed earnings show a company with a lot to prove — and ... (MarketWatch)

Outside of Nvidia NVDA, Advanced Micro Devices AMD remains one of the most amazing stories in tech stocks in recent years. CEO Lisa Su has taken the company ...

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Image courtesy of "Proactive Investors UK"

Why did AMD get no love after first-quarter revenue beat? (Proactive Investors UK)

Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD), the US chipmaker in the unenviable position of competing with Nvidia Corp, beat its first-quarter revenue.

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Image courtesy of "Barron's"

Nvidia Stock Falls After AMD Disappoints on Guidance (Barron's)

Both semiconductor makers have benefited from the excitement around artificial intelligence and enjoy strong valuations. That's based on high expectations for ...

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Image courtesy of "PC Gamer"

AMD's start to 2024: Big gains in client and data center, big falls in ... (PC Gamer)

Data, AI, and compute are where all the money is at right now.

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Image courtesy of "Investing.com"

AMD stock slides as earnings, outlook meet expectations; analysts ... (Investing.com)

Advanced Micro Devices (NASDAQ:AMD) saw its shares plunge 5.5% in premarket trading Wednesday after the chipmaking giant posted in-line earnings per share (EPS) ...

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Image courtesy of "Motley Fool"

Why Is AMD Stock Down 7% After Earnings? (Motley Fool)

In this video, I go over AMD's (AMD -1.14%) first-quarter earnings report, which beat top- and bottom-line estimates. *Stock prices used were ...

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Image courtesy of "Yahoo Finance"

Analysts revise AMD price targets as stock hit by muted AI sales ... (Yahoo Finance)

NVDA. Advanced Micro Devices shares fell sharply in early Wednesday trading after the chipmaker issued a muted near-term outlook for sales of its newly released ...

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Image courtesy of "The Register"

AMD datacenter sales surge 80% in Q1 despite market's lukewarm ... (The Register)

The chip company reported revenue for Q1 2024 of $5.47 billion, up 2 percent on the same quarter a year ago. The lukewarm reception from the market is said to ...

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Image courtesy of "The Next Platform"

AMD Firing On All Compute Engine Cylinders (The Next Platform)

A few years ago, it was hard to imagine how AMD would have survived without re-entering the datacenter with its CPU and GPU compute engines. And now, it.

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Image courtesy of "Reuters UK"

AMD, Super Micro tumble as earnings fall short (Reuters UK)

Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday after their earnings disappointed investors who had piled into the ...

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Image courtesy of "DatacenterDynamics"

AMD's MI300 AI GPU sales drive 80 percent growth in data center ... (DatacenterDynamics)

Publishing its Q1 2024 financial results this week, the company reported quarterly revenue of $5.47 billion, an 11.3 percent year-over-year decrease, but a 2.2 ...

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Why AMD Stock Sank Today (Motley Fool)

Advanced Micro Devices beat Wall Street's earnings target, but its stock still got crushed.

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AMD slides on muted forecast for AI processors (The Star Online)

Advanced Micro Devices Inc (AMD) shares declined as much as 9.1% in extended trading after the chipmaker gave a disappointing forecast for artificial ...

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Nvidia Stock Drops After Rival AMD Gives Uninspiring Outlook (Investor's Business Daily)

Nvidia stock fell Wednesday after rival AI chipmaker Advanced Micro Devices disappointed investors with its tepid guidance.

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AMD Stock Drops After Earnings -- Is Now the Time to Buy This Top ... (Yahoo Finance)

Advanced Micro Devices increases its guidance for its artificial intelligence chip, the MI300X.

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AMD is the latest company to show that AI is an expensive proposition (Morningstar.com)

By Emily Bary. AMD discussed increased investment spending to support its artificial-intelligence product portfolio. Artificial intelligence is expensive ...

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Image courtesy of "The Economic Times"

AMD, Super Micro tumble as earnings fall short of lofty AI ... (The Economic Times)

Its forecast of $4 billion in AI chip sales for 2024 fell short of Wall Street's lofty expectations, having been used to Nvidia's massive forecasts over the ...

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Image courtesy of "CNA"

AMD, Super Micro spark chip selloff as earnings miss lofty AI ... (CNA)

Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday after their earnings disappointed investors who had piled into the ...

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