Here's what analysts think of AMD's $4.9B bid to challenge Nvidia

Here's What Analysts Think Of AMD's $4.9B Bid To Challenge Nvidia

2 weeks from now

Aug 19, 2024  · Analysts think chipmaker AMD’s $4.9 billion deal to buy artificial intelligence (AI) infrastructure company ZT could help it snag a much greater share of the expected $400 …

fierce-network.com

AMD Signs $4.9bn Deal To Challenge Nvidia’s AI Infrastructure Lead

2 weeks from now

Aug 19, 2024  · The California-based group said the acquisition would help accelerate the adoption of its Instinct line of AI data centre chips, which compete with Nvidia’s popular …

ft.com

AMD To Make $4.9 Billion AI Acquisition As It Steps Up Race Against ...

2 weeks from now

Aug 19, 2024  · AMD competes against Nvidia Corp. (NVDA) in the market for AI accelerators. While Nvidia is the dominant player in that business, AMD has been stepping up its own …

morningstar.com

AMD's $4.9 Billion AI Bet: Taking On Nvidia For Data Center

2 weeks from now

Aug 20, 2024  · In conclusion, AMD's $4.9 billion acquisition of ZT Systems represents a significant strategic move in the company's ongoing battle with Nvidia for dominance in the AI …

linkedin.com

AMD’s Data Center Surge: Q3 Revenue Doubles As AI Chips Gain …

2 weeks from now

Nov 1, 2024  · Key Takeaways Data Center Momentum: AMD’s Data Center segment more than doubled YoY to $3.5B, with the company raising its 2024 Data Center GPU revenue target to …

creativestrategies.com

AMD’s Latest $4.9 Billion AI Acquisition Is All About Competing With ...

2 weeks from now

Aug 19, 2024  · ZT Systems will join the AMD’s data center solutions group once the $4.9 billion transaction closes. AMD to Significantly Expand Data Center AI Systems Capabilities with …

theverge.com

AMD's AI Bets Face Investor Scrutiny As Big Tech Switches To ... - CNA

2 weeks from now

5 days ago  · Analysts expect AMD's December-quarter revenue to surge over 22 per cent to $7.53 billion, but the company's growth prospects are shadowed by the dominance of Nvidia in …

channelnewsasia.com

Watch Out Nvidia — AMD Is Making A Major Push For Data Center …

2 weeks from now

Aug 20, 2024  · AMD has announced it will acquire AI infrastructure provider ZT Systems in a $4.9 billion cash and stock deal, marking a major milestone in the chipmaker’s plan to challenge …

techradar.com

AMD's (AMD) AI Bet Under Pressure As Cloud Giants Build Their

2 weeks from now

4 days ago  · AMD is projected to report a 22% year-over-year revenue increase in Q4, reaching $7.53 billion, driven by strong growth in its data center segment, which is expected to jump …

nasdaq.com

Why AMD's $4.9 Billion AI Server Acquisition Makes Sense - Yahoo …

2 weeks from now

Aug 21, 2024  · Advanced Micro Devices (NASDAQ: AMD) finds itself trailing far behind Nvidia in the AI accelerator market. Nvidia has some critical competitive advantages working its its …

yahoo.com

AMD To Make $4.9 Billion AI Acquisition As It Steps Up Race Against ...

2 weeks from now

Aug 19, 2024  · AMD’s stock is rising as the company plans to buy ZT Systems and bolster its ability to provide AI infrastructure. AMD to make $4.9 billion AI acquisition as it steps up race …

marketwatch.com

AMD Dives 9% As AI Chip Revenue Disappoints | Newsmax.com

2 weeks from now

3 days ago  · The Santa Clara, California-based company reported fourth-quarter data center revenue — a proxy for its AI revenue — of $3.9 billion, compared to the consensus estimate of …

newsmax.com

AMD Stock Drops 10% As AI Data Centers Disappoint, Nvidia Pops

2 weeks from now

3 days ago  · The AI chipmaker beat Wall Street expectations for its top and bottom line numbers, but fell short on data center sales. Advanced Micro Devices (AMD) stock (NASDAQ: AMD) fell …

fastcompany.com

AMD's AI Chip Revenue Miss Hits Shares Amid Pressure From Nvidia

2 weeks from now

2 days ago  · The company's fourth-quarter data center revenue, which reflects demand for its AI processors, jumped 69% to $3.9 billion, missing the consensus estimate of $4.15 billion. "AMD …

yahoo.com

Microsoft's $80B AI Bet: Data Center Expansion Fuels Nvidia And …

2 weeks from now

After revealing intentions to invest $80 billion in data centers this year, Microsoft (NASDAQ:MSFT) shares fell 1.3% in noon trade Friday.Microsoft Vice President Brad Smith …

yahoo.com

AMD’s AI Chip Revenue Miss Hits Shares Amid Pressure From Nvidia

2 weeks from now

2 days ago  · AMD’s fourth-quarter data centre revenue, which reflects demand for its AI processors, jumped 69% to US$3.9-billion, missing the consensus estimate of US$4.15-billion

theglobeandmail.com

AMD Projects Strong AI And Data Center Growth In 2025 With …

2 weeks from now

3 days ago  · AMD reported Q4 revenue of $7.7 billion, a 24% year-over-year increase, driven by significant growth in data center and client segments. Full-year 2024 revenue reached $25.8 …

seekingalpha.com

How Nvidia Is Creating A $1.4T Data Center Market In A Decade Of AI

2 weeks from now

Jan 11, 2025  · Two angles: Some believe AMD will take meaningful market share in AI, at least enough to sustain revenue growth. Others foresee only modest gains because AMD must …

siliconangle.com

AMD Reports Fourth Quarter And Full Year 2024 Financial Results

2 weeks from now

4 days ago  · Data Center segment revenue in the quarter was a record $3.9 billion, up 69% year-over-year primarily driven by the strong ramp of AMD Instinct™ GPU shipments and growth in …

amd.com

Microsoft's $80B AI Bet: Data Center Expansion Fuels Nvidia And

2 weeks from now

After revealing intentions to invest $80 billion in data centers this year, Microsoft (MSFT, Financial) shares fell 1.3% in noon trade Friday.Microsoft Vice President Brad Smith stated in …

gurufocus.com

AMD Shares Dive As AI Chip Revenue Disappoints Investors

2 weeks from now

3 days ago  · The Santa Clara, California-based company reported fourth-quarter data center revenue - a proxy for its AI revenue - of $3.9 billion, compared to the consensus estimate of …

channelnewsasia.com

AMD Earnings: Why It's Selling Off And Why I'm Doubling Down

2 weeks from now

1 day ago  · As expected, most of this growth was driven by the data center as the segment expanded by 69% YoY to a record $3.9 billion in quarterly revenue as server CPUs and GPU …

seekingalpha.com