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Advanced Micro Devices Reports Q2 Earnings Per Share $0.13
AMD Reports First Quarter 2020 Financial Results
Advanced Micro Devices - CEO's FY 2019 Total Compensation Was $58.5 Mln
Advanced Micro Devices, Inc. is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles. The Company's segments include the Computing and Graphics segment, and the Enterprise, Embedded and Semi-Custom segment. The Computing and Graphics segment primarily includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics. The Enterprise, Embedded and Semi-Custom segment primarily includes server and embedded processors, semi-custom SoC products, development services, technology for game consoles and licensing portions of its intellectual property portfolio.
2485 Augustine Dr
SANTA CLARA, CA
John Edward Caldwell
Independent Chairman of the Board
Lisa T. Su
President, Chief Executive Officer, Director
Chief Financial Officer, Senior Vice President, Treasurer
Mark D. Papermaster
Chief Technology Officer and Executive Vice President - Technology and Engineering
Harry A. Wolin
Senior Vice President, General Counsel, Corporate Secretary
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Advanced Micro Devices Inc <AMD.O> raised its full-year revenue forecast on Tuesday, driven in part by an overall surge in chip demand due to a global shift to work from home, and market-share gains from larger rival Intel Corp <INTC.O>.
Advanced Micro Devices Inc on Tuesday forecast current-quarter revenue above Wall Street expectations, driven by a surge in chip demand from data-center operators and PC makers scrambling to meet coronavirus-induced remote work needs.
* KODIAK SCIENCES INC - ANNOUNCES NEW LONGER-TERM SAFETY, EFFICACY AND DURABILITY DATA FROM ONGOING PHASE 1B STUDY OF KSI-301
Lenovo Group said on Tuesday it has launched a new server platform capable of handling heavy computing tasks inside data centers using chips from Advanced Micro Devices Inc.
Advanced Micro Devices Inc <AMD.O> forecast current-quarter revenue largely below estimates and lowered its annual sales outlook on Tuesday, as lockdown measures globally choke demand and supply chains, sending the chipmaker's shares down 4%.
Advanced Micro Devices Inc on Tuesday forecast current-quarter revenue largely below estimates as shutdowns put in place to contain the coronavirus pandemic choke economic activity and fuel uncertainty over demand recovery.
(This corrects paragraph 13 to reflect that 2 exaflops is 2 quintillion calculations per second, not 1 quintillion in March 4 story.)
Advanced Micro Devices Inc's <AMD.O> first-quarter revenue estimate came in largely below analysts' estimates due to waning demand from gaming console makers, even as its data center and PC chips business tracked a recovery in the chip industry.
Advanced Micro Devices Inc forecast current-quarter revenue below Wall Street estimates on Tuesday, due to waning demand from console makers such as Sony and Microsoft ahead of new launches.
Intel Corp's <INTC.O> shares hit their highest in nearly two decades on Friday after cloud computing demand fired up the chipmaker's data center business and allayed concerns of market share loss to rival AMD, lifting stocks across the sector.
Intel Corp's shares rose 5% on Friday after demand from data centres fired up the chipmaker's cloud business and allayed concerns of market share loss to rival AMD, lifting shares across the sector.
(This December 3 story has been refiled to correct typo in paragraph 2)
Advanced Micro Devices Inc <AMD.O> fell short of Wall Street estimates for quarterly revenue and forecast fourth-quarter sales below expectations on Tuesday, even as the U.S. chipmaker beat targets for its closely watched data center business.
Advanced Micro Devices Inc forecast current-quarter revenue slightly below Wall Street expectations on Tuesday, as chipmakers struggle with an industry-wide slowdown and the fallout from an ongoing U.S.-China trade war.
Advanced Micro Devices Inc <AMD.O> on Wednesday released the second generation of its processor chip for data centers and said that it had landed Alphabet Inc' <GOOGL.O> Google and Twitter Inc <TWTR.N> as customers.
Advanced Micro Devices Inc on Wednesday released the second generation of its processor chip for data centers and said that it had landed Alphabet Inc' Google and Twitter Inc as customers.
Advanced Micro Devices Inc <AMD.O> forecast third-quarter revenue below Wall Street estimates on Tuesday, hit by lower demand for its chips used in gaming consoles and sending its shares down 4% after the closing bell.
U.S. chipmaker Advanced Micro Devices Inc forecast third-quarter revenue below Wall Street estimates on Tuesday, sending its shares down 6% in after-market trading.
Chipmaker Advanced Micro Devices shares rose 7 percent in early trading on Monday after the company announced a deal with Samsung Electronics Co Ltd that could allow it to better compete with Nvidia Corp.
U.S. chipmaker Advanced Micro Devices Inc beat Wall Street estimates for quarterly revenue and profit on Tuesday, selling more chips used in data centers and servers, and sending its shares up 6 percent in after-market trading.
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