Here's our initial take on Advanced Micro Devices' (NASDAQ: AMD) fourth-quarter financial report. Key Metrics Data center and PC growth AMD's overall revenue shot up 24% year over year in the fourth ...
The growth was driven by its x86 PC CPU business rocketing 56% higher. Although gaming revenue was down 59% year-over-year, it was up 22% from the third quarter to $538 million. All eyes, however, ...
Channel Wealth LLC decreased its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 5.6% during the fourth quarter, Holdings Channel reports. The firm owned 63,194 shares of the computer ...
Yarbrough Capital LLC trimmed its stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 3.0% in the 4th quarter, HoldingsChannel reports. The firm owned 3,170,044 shares of the computer hardware maker’s ...
The reaction was perhaps a bit harsh on AMD, which said the data center business grew its sales by 94%, to $12.6 billion, in fiscal 2024. That’s thanks to an increase in sales of its Instinct GPUs and ...
AMD shares are down 29% since the company's last earnings report, while the PHLX Semiconductor Index SOX is down 7% over the same span. That significant lag suggests "sentiment is low vs. peers" and ...