Advanced Micro Devices (NASDAQ:AMD) just landed a chip deal with OpenAI, and the market is taking notice. The stock jumped 119% over the past year to $252, with most of that momentum coming in recent ...
Advanced Micro Devices, Inc. surged over 35% after securing a major multi-year GPU partnership with OpenAI, granting OpenAI a 10% stake. The OpenAI deal positions AMD as a formidable AI infrastructure ...
AMD CEO Lisa Su said that AMD could be able to achieve "double-digit" share in the data center AI chip market over the next three to five years. The AI chip market is currently dominated by Nvidia, ...
Looking at AMD‘s (AMD) long-term financial model, the company said it expects top line revenue to grow more than 35% during the next 3-5 years, gross margin to be in the range of 55-58%, and operating ...
AMD told analysts on Tuesday that it expects revenue to grow more than 35% each year over the next three to five years, driven by what CEO Lisa Su described as “insatiable” demand for AI chips.
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