Advanced Micro Devices downgraded by Daiwa Securities with a new price target

— Leading cloud services providers expand their adoption of EPYC CPUs to meet growing public cloud demand — SANTA CLARA, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ:AMD) announced 5th Gen AMD EPYC™ processors power the Oracle Cloud Infrastructure (OCI) Compute E6 Standard shapes. 5th Gen AMD EPYC processors, the world's best server CPUs for enterprise, AI and cloud1, enable OCI Compute E6 shapes to deliver up to a 2X increase in cost to performance, compared to the previous E5 instance generation based on testing by OCI2. The new OCI Compute E6 shapes build on the success of the previous E5 generation to deliver leadership performance and cost efficiency for general-pur

SANTA CLARA, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced the completion of its acquisition of ZT Systems, a leading provider of AI and general-purpose compute infrastructure for the world's largest hyperscale providers. The acquisition will enable a new class of end-to-end AI solutions based on the combination of AMD CPU, GPU and networking silicon, open-source AMD ROCm™ software and rack-scale systems capabilities. It will also accelerate the design and deployment of AMD-powered AI infrastructure at scale optimized for the cloud. AMD expects the transaction to be accretive on a non-GAAP basis by the end of 2025. The world-class design teams will join the

Industry leaders unite for live interoperability demo, highlighting Ethernet's expanding role in AI and high-speed networking The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today announced details of its annual live interoperability demonstration at the 2025 Optical Fiber Communication Conference and Exhibition (OFC). Located at booth 5173, the exhibit highlights Ethernet's unparalleled power and adaptability. The OFC 2025 expo will take place April 1 – 3, 2025, at the Moscone Center in San Francisco, Calif. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2025

Jefferies downgraded Advanced Micro Devices from Buy to Hold and set a new price target of $120.00 from $135.00 previously

Daiwa Securities downgraded Advanced Micro Devices from Buy to Outperform and set a new price target of $130.00 from $170.00 previously

DZ Bank downgraded Advanced Micro Devices from Buy to Hold and set a new price target of $120.00

4 - ADVANCED MICRO DEVICES INC (0000002488) (Issuer)

4 - ADVANCED MICRO DEVICES INC (0000002488) (Issuer)

4 - ADVANCED MICRO DEVICES INC (0000002488) (Issuer)

4/A - ADVANCED MICRO DEVICES INC (0000002488) (Issuer)

S-3ASR - ADVANCED MICRO DEVICES INC (0000002488) (Filer)

8-K - ADVANCED MICRO DEVICES INC (0000002488) (Filer)

DEFA14A - ADVANCED MICRO DEVICES INC (0000002488) (Filer)

— AMD Ryzen™ AI Max, AMD Ryzen™ AI 300 Series and AMD Ryzen™ 200 Series processors bring incredible performance for next-gen AI PCs — — AMD Ryzen™ AI Max PRO, AMD Ryzen™ AI 300 PRO and AMD Ryzen™ 200 PRO Series processors bring cutting-edge performance to business PCs — LAS VEGAS, Jan. 06, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) unveiled new processors today, ahead of CES 2025, furthering its leadership in the AI PC market and offering mobile users the most innovative PCs processors. AMD announced the new Ryzen™ AI Max Series processors, exceeding the demands for high-performance computing in premium thin and light notebooks; new Ryzen™ AI 300 Series "Zen-5"-based processors, rounding

Leading tech companies to collaborate on architectural interoperability and simplify software development across the ecosystem; luminaries Linus Torvalds and Tim Sweeney join founding members Broadcom, Dell, Google, Hewlett Packard Enterprise, HP Inc., Lenovo, Meta, Microsoft, Oracle, and Red Hat. Intel Corp. (INTC) and AMD (NASDAQ:AMD) today announced the creation of an x86 ecosystem advisory group bringing together technology leaders to shape the future of the world's most widely used computing architecture. x86 is uniquely positioned to meet customers' emerging needs by delivering superior performance and seamless interoperability across hardware and software platforms. The group will f

SANTA CLARA, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced that Keith Strier has joined the company as senior vice president of global AI markets. Strier has more than 30 years of experience in strategic business and market development, technical engineering and enabling responsible AI deployments. He most recently served as vice president of worldwide AI initiatives at NVIDIA, with responsibility for expanding commercial engagements with foreign governments. At AMD, he will be responsible for expanding the company's AI vision, driving new ecosystem capabilities and accelerating strategic AI engagements globally across public and private sectors. He reports to

SANTA CLARA, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced financial results for the fourth quarter and full year of 2024. Fourth quarter revenue was a record $7.7 billion, gross margin was 51%, operating income was $871 million, net income was $482 million and diluted earnings per share was $0.29. On a non-GAAP(*) basis, gross margin was 54%, operating income was a record $2.0 billion, net income was a record $1.8 billion and diluted earnings per share was $1.09. For the full year 2024, AMD reported record revenue of $25.8 billion, gross margin of 49%, operating income of $1.9 billion, net income of $1.6 billion, and diluted earnings per share of $1.00. On a

SANTA CLARA, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) announced today that it will report fiscal fourth quarter and full year 2024 financial results on Tuesday, Feb. 4, 2025, after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. EST / 2:00 p.m. PST. Interested parties are invited to listen to the webcast of the conference call via the AMD Investor Relations website ir.amd.com. About AMD For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the wor

SANTA CLARA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net income of $771 million and diluted earnings per share of $0.47. On a non-GAAP(*) basis, gross margin was 54%, operating income was $1.7 billion, net income was $1.5 billion and diluted earnings per share was $0.92. "We delivered strong third quarter financial results with record revenue led by higher sales of EPYC and Instinct data center products and robust demand for our Ryzen PC processors," said AMD Chair and CEO Dr. Lisa Su. "Looking forward, we see significant growth opportunities a

SC 13G/A - ADVANCED MICRO DEVICES INC (0000002488) (Subject)

SC 13G/A - ADVANCED MICRO DEVICES INC (0000002488) (Subject)

SC 13G/A - ADVANCED MICRO DEVICES INC (0000002488) (Subject)