AMD to acquire ZT Systems for $4.9 billion, boosting data center efforts
AMD is aiming to more strongly compete with rival NVIDIA in the AI space with the ZT Systems acquisition.
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AMD is aiming to more strongly compete with rival NVIDIA in the AI space with the ZT Systems acquisition.
AMD put up beats while reporting its Q2 2024 earnings results.
AMD's semi-custom chips help power hardware from PlayStation, Xbox, and Valve.
The company chalked up this fall in revenue to a decrease in semi-custom revenue and lower sales of its GPUs.
AMD and Wall Street are on-par with their revenue expectations for the company's next quarter.
AMD's revenue and price-per-share matched expectations, though it missed the whisper number.
Come and listen to the AMD Q1 2024 earnings call to hear how the company has performed and its plans for the future.
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.