AMD issues Q1 2024 revenue guidance below analyst expectations
AMD stock was on a steady decline after the company reported some disappointing revenue guidance.
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AMD stock was on a steady decline after the company reported some disappointing revenue guidance.
The PC tech developing giant managed a narrow beat on revenue versus expectations while earnings-per-share were almost directly spot-on.
The RX 7600 XT GPU comes with 16GB of memory built in and will hit shelves later in January 2024.
Gaming revenue was down for AMD despite a growth in overall revenue.
It looks like AMD was the latest to post a successful fiscal quarter report versus analyst expectations.
AMD is projecting lower earnings next financial quarter, partly due to lower sales from the gaming sector.
We're livestreaming the latest AMD earnings call for your viewing pleasure.
An AMD spokesperson said the acquisition of Nod.AI should be complete by the end of the quarter to bolster the company's AI tech development and business.
Herkelman has been at AMD since 2016, but will soon be leaving his position as Graphics Business Unit Senior Vice President & General Manager.
The AMD company's data center AI solutions played a big part in the narrow success of its most recent fiscal quarter.