NASDAQ:AMD

Advanced Micro Devices Stock News

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$466.38
-56.82 (-10.86%)
At Close: Jun 05, 2026

AMD to shed over 1,000 jobs as AI push accelerates

01:16pm, Wednesday, 13'th Nov 2024
Chipmaker Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) has confirmed that it is shedding 4% of its global workforce as part of its shift towards artificial intelligence applications. “As a part
At the end of last year, AMD had 26,000 employees, according to an SEC filing.
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia.

AMD lays off 4% of its workforce

12:03pm, Wednesday, 13'th Nov 2024
AMD has confirmed that it's laying off 4% of its workforce to focus on “large growth opportunities.”

Where Will AMD Stock Be in 5 Years?

08:30am, Wednesday, 13'th Nov 2024
The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible upside in the future.
After a range of new products unveiled at the ‘Advancing AI 2024' event sparked optimism in early October, Advanced Micro Devices' (NASDAQ: AMD) latest earnings report sent the company's shares acro
As the artificial intelligence-fueled tech rally continues, companies that can diversify to address the manifold demands the industry faces are poised to profit. Super Micro Computer Inc. (NASDAQ: SMC

NVIDIA (NVDA) Price Prediction and Forecast

09:04pm, Tuesday, 12'th Nov 2024
The artificial intelligence-fueled rally has been the foremost contributor to the major market indices’ sizable gains over the past several years. And one company in particular is at the vanguard: N

AMD: Lagging AI Growth Shouldn't Last

08:00pm, Tuesday, 12'th Nov 2024
Advanced Micro Devices, Inc.'s Data Center revenue is surging due to AI demand, but overall growth lags Nvidia, impacting stock performance. Gaming and Embedded segments are struggling, but Data Cente
Despite its strong AI accelerator technical performance, Advanced Micro Devices, Inc. struggles to compete effectively in terms of market share and absolute dollars. Its Data Center operating margins
This diverse group of companies has positioned itself for considerable gains over time.

AMD: Recent Correction Provides New Opportunity

03:42am, Tuesday, 12'th Nov 2024
AMD's recent earnings result showed strong potential for its Data Center business and, specifically, its AI chips. The company projected $5 billion in AI chip revenue for 2024, which is up from $4.5 b
The AI tailwind can continue to propel these quality stocks in the long run.
ChatGPT developer OpenAI had initially planned on building a global network of foundries to produce AI chips but has instead opted to work with several companies in the computer and technology sector.

The Big 3: LMT, AMD, ET

11:51am, Monday, 11'th Nov 2024
Kenny Polcari believes there's positives in each of today's Big 3. He notes recent selloffs in each but expects better outlook for each.
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