Corporate America just kicked off a new quarterly earnings season. Over the next few weeks, hundreds of companies will report their latest financial results, but Wall Street will be most focused on those leading the artificial intelligence (AI) race.
We recently published a list of 10 AI News You Should Take a Look At. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against other AI news you should take a look at.
When OpenAI released ChatGPT in 2022, companies started spending billions on GPUs to train AI models. Nvidia led the market for graphics processing units (GPUs), so it was the right company at the right time to deliver monster returns to investors.
Wall Street forecasts Advanced Micro Devices will report revenue of $7.53 billion for Q4, up 22% year-over-year, in-line with management guidance of $7.5 billion, plus or minus $300 million. Earnings of $1.09 per share, a 41.5% increase, are expected.
We recently published a list of 10 AI Stocks Everyone is Talking About These Days. In this article, we are going to take a look at where Advanced Micro Devices, Inc.
We recently published a list of 10 Best Stocks to Buy and Hold For 2025. In this article, we are going to take a look at where Advanced Micro Devices, Inc.
As mentioned, Qualcomm's chipsets have long led the chipset market. As the 5G upgrade cycle has cooled, the company has pivoted to designing AI-enabled chips. To that end, it has developed the Snapdragon 8 Gen 3 chip for this purpose, and it should improve on its capabilities with the upcoming release of a Gen 4 chip.
In addition, while Nvidia has a comprehensive software ecosystem named CUDA, this is more focused on training utilizing high-performance graphics processing units like the H100. Inference workloads will be less reliant on CUDA, so AMD has an opportunity to compete with its open-source ROCm stack and cost-efficient solutions.
Despite negative revision trends, AMD is an attractive buy heading into its Q4 2024 report due to improving fundamentals and stock undervaluation. Read more here.
Advanced Micro Devices, Inc.'s underlying business is improving, at the same time the stock is getting cheaper. Click for this AMD update.
We recently compiled a list of the Jim Cramer Discussed These 11 Stocks Before The DeepSeek Sell-Off. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other stocks.
We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Advanced Micro Devices, Inc.