Shares of Advanced Micro Devices (NASDAQ:AMD) exploded over the past month, gaining 24.45%. That strong performance has ...

Looking ahead, AMD has provided guidance for the fourth quarter of 2024, projecting revenue of $7.5 billion. This represents a 10% quarter-over-quarter and 22% year-over-year growth.

AMD's Q4 revenue beat estimates, but analysts lowered price forecasts due to concerns over AI GPU demand and product transitions. AMD expects a slower revenue pace in 1H 2025, with a stronger ...

Not long ago, AMD had little to no revenue from AI Data Center GPUs, and today banks are forecasting up to $10.5 billion from it next year (GS's upper forecast range).

So despite AMD's forecast of at least $4 billion in AI-related revenue this year, which is relatively modest, Danely predicts it could be way higher and suggests buying AMD stock on any price ...

AMD stock forecast and price prediction. ... AMD also faces several challenges. ... AMD analysts are calling for a 3.3% revenue decline this year but a return to 20.6% revenue growth in 2024.

Advanced Micro Devices said sales and profits rose in its first quarter amid strong AI chip demand, but declining revenue from gaming graphics chips weighed on the company's results. AMD chief ...

AMD stock slips as revenue forecast dips below Street consensus AMD holds firm on annual outlook, sees $6.5 billion to $6.9 billion in current-quarter sales while Street’s consensus is $6.84 billion ...

AMD Looks to Challenge Nvidia With a New Chip. ... AMD has steadily increased its revenue for data center GPUs this year from an original forecast of more than $3.5 billion to most recently $4.5 ...

China accounts for roughly a quarter of AMD's total revenue, and the impact of the export controls would shave nearly 5% off the Wall Street forecast for revenue of $31.03 billion per LSEG data.