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AMD Streamlines Data Center Business with $2.4 Billion Sale to Sanmina

Advanced Micro Devices (AMD) completed the sale of ZT Systems’ data center manufacturing business to Sanmina (SANM) for $2.4 billion in cash and equity. The deal closed ahead of schedule, giving AMD ...
Hosted on MSN

AMD Chips Face U.S. Export Control: Buy, Sell or Hold the Stock?

Advanced Micro Devices AMD chips, MI308 and equivalents, now face new licensing requirements to export to China. Per Reuters, AMD’s MI308 and NVIDIA’s NVDA H20 artificial intelligence (AI) chips fall ...
Reuters

AMD expects profit to triple by 2030, data center chip market to grow to $1 trillion

NEW YORK, Nov 11 (Reuters) - Advanced Micro Devices (AMD.O), opens new tab said on Tuesday that it expected annual data center chip revenue of $100 billion within the next five years, and its earnings ...
Bloomberg L.P.

AMD Predicts Accelerating Sales Growth on Data Center Demand

Advanced Micro Devices Inc., Nvidia Corp.’s nearest rival in AI chips, predicted accelerating sales growth over the next five years, driven by strong demand for its data center products. Annual ...
The Motley Fool

AMD's AI Data Center Revenue Soars but Shares Sink. Is It Time to Buy the Stock on the Dip?

AMD turned in solid Q4 results, but investors were disappointed in its data center sales that just missed expectations. The company nonetheless continues to see very solid growth, led by its CPUs. The ...