Advanced Micro Devices (AMD) reported a record Q2 revenue of $11.5 billion, driven by a 107% increase in data center revenue. Despite strong sales and optimistic Q3 guidance, the company's non-GAAP gross margin remained flat at 56%, raising concerns about its operating leverage. Structural challenges such as China's shift to domestic chips, cheaper AI models, and custom silicon from hyperscalers pose risks to AMD's future margins and market share. Analyst James Foord maintains a Strong Sell rating, awaiting a margin improvement above 56% and a valuation reset before considering re-entry.
In August 2026, AMD executives sold more than $40 million worth of company stock, including a notable $13.6 million sale by CTO Mark Papermaster. These insider sales coincided with a 17% decline in AMD's share price from its late June peak above $580...
AMD reported robust Q2 results with revenue reaching $11.5 billion, fueled by a 107% growth in its data center segment driven by strong AI compute demand. Margins improved year-over-year, reflecting better cost efficiency. The company projects Q3 rev...
Anthropic has secured a $45 billion, six-year deal to rent AI computing power from British startup Nscale, utilizing Nvidia's cutting-edge Vera Rubin chip system. This deal, starting in late 2027, adds to Anthropic's aggressive expansion of compute c...
Advanced Micro Devices (AMD) projects its Data Center revenue will more than double by 2027, with server CPU revenue growing over 70%. This growth is supported by AMD's Helios platform, which integrates MI450 GPUs, Venice CPUs, Pensando networking, a...
Anthropic has secured a $45 billion cloud computing agreement with UK-based AI infrastructure firm Nscale, renting 460 megawatts of capacity at a new data center in West Virginia. This deal, expected to be operational by the end of 2027, will use Nvi...
