Advanced Micro Devices (AMD) reported second-quarter earnings that exceeded expectations with adjusted EPS of $1.66 and revenue of $11.54 billion, driven mainly by a 107% surge in Data Center sales to $6.7 billion. Despite the strong results, AMD's stock dropped more than 10% in after-hours trading, partly due to revenue guidance of about $13 billion for the next quarter, which was below some analysts' expectations. The company highlighted growth in AI-related products, including its Instinct GPUs and upcoming Helios rack AI system, positioning AMD as a key player in the expanding AI semiconductor market. AMD also raised its forecast for the semiconductor industry's size by 2028, emphasizing AI accelerators as a major growth driver.
AMD reported impressive AI-driven earnings with Data Center revenue doubling and strong margin expansion, yet its stock price fell due to concerns over product mix and margin pressure. Despite a recent sideways stock movement, analysts remain bullish...
AMD and NVIDIA both reported strong AI-driven revenue growth, with AMD's Data Center revenue doubling and NVIDIA's more than doubling on a much larger base. NVIDIA focuses on a closed, full-stack AI platform approach, while AMD promotes an open, memo...
Advanced Micro Devices (AMD) reported record Q2 revenue of $11.54 billion, a 50% increase year-over-year, driven by strong demand in data centers. Management raised the total addressable market (TAM) for CPUs to $220 billion by 2030, expecting a 50% ...
AMD reported strong AI-driven revenue growth with its Instinct GPUs and EPYC CPUs, doubling its Data Center revenue in 2026 and expecting further growth in 2027. However, Broadcom poses a significant threat by co-designing custom AI chips with major ...
VanEck Fabless Semiconductor ETF (SMHX) is rated a Buy due to its top holdings' strong positions across AI infrastructure, supporting robust revenue and free cash flow growth. The ETF's concentrated portfolio, with over 45% in NVIDIA, Broadcom, and A...
