AMD Stock Slumps

AMD Stock Slumps as Analysts Cut Price Targets After Data Center Revenue Misses Estimates
Key Takeaways Advanced Micro Devices shares plunged Wednesday after the chipmaker’s data center sales missed expectations.Analysts said AMD hasn’t shown how it can compete with Nvidia’s dominance in the AI chip market.
Analysts overhaul AMD stock price targets following Q4 earnings
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AMD shares drop more than 6%, close at lowest since 2023 on disappointing data center revenue
Advanced Micro Devices shares fell on Wednesday after the chipmaker under-delivered on Wall Street's estimates for its important data center business.
AMD's Data Center Revenue Hits Record High But Misses Expectations
Advanced Micro Devices (AMD) posted fourth-quarter revenue and adjusted earnings that beat expectations, but data center sales came up short. The chipmaker's revenue grew 24% year-over-year to a record $7.
AMD Stock Falls on Disappointing Revenue for Data Center Chips
AMD revenue came in at $7.7 billion, above analysts’ expectations for $7.5 billion, but the company’s data-center unit came in soft.
AMD reports profit beat, but misses on data center revenue
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024, but still fell short of estimates. The stock fell in extended trading. Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings,
AMD’s data center revenue comes up short, leaving investors dismayed
Investors bailed on Advanced Micro Devices Inc. late today after the chipmaker reported lower-than-expected revenue in its key data center segment, despite posting solid results overall. The company revealed fourth-quarter earnings before certain costs such as stock compensation of $1.
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AMD tumbles after concerns over AI revenue growth gets rating cut at Citi
Shares of Advanced Micro Devices (NASDAQ:AMD) fell about 10% premarket on Wednesday following fourth quarter results, wherein Data Center revenue missed expectations, which drew mixed reactions from ...