Articles from Advanced Micro Devices, Inc.

– The new AMD Radeon™ RX 9000 Series graphics cards deliver enthusiast-level gaming experiences supercharged by AI –

— Technology leaders explore research partnership to advance next-generation AI computing architectures —

SANTA CLARA, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced financial results for the fourth quarter and full year of 2024. Fourth quarter revenue was a record $7.7 billion, gross margin was 51%, operating income was $871 million, net income was $482 million and diluted earnings per share was $0.29. On a non-GAAP(*) basis, gross margin was 54%, operating income was a record $2.0 billion, net income was a record $1.8 billion and diluted earnings per share was $1.09.

SANTA CLARA, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) announced today that it will report fiscal fourth quarter and full year 2024 financial results on Tuesday, Feb. 4, 2025, after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. EST / 2:00 p.m. PST. Interested parties are invited to listen to the webcast of the conference call via the AMD Investor Relations website ir.amd.com.

Full portfolio of AMD-powered Dell notebooks, desktops, and workstations meet the demands of the modern enterprise

AMD Ryzen™ 9950X3D and 9900X3D, AMD Ryzen™ Z2, and AMD Ryzen™ 9000 Mobile processors elevate gaming performance across desktop, handheld and mobile gaming systems

— AMD Ryzen™ AI Max, AMD Ryzen™ AI 300 Series and AMD Ryzen™ 200 Series processors bring incredible performance for next-gen AI PCs —

First AMD Versal adaptive SoCs integrating high-resolution RF data converters, dedicated DSP hard IP, AI Engines, and programmable logic in a single-chip device

SANTA CLARA, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced that Tim Keating has joined the company as senior vice president, Government Relations and Regulatory Affairs, effective today.

SANTA CLARA, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced that it will be hosting a press conference as a part of the official CES 2025 Media Days. The press conference will take place on Monday, Jan. 6 at 11 a.m. PST at the Mandalay Bay.

SANTA CLARA, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced the following events for the financial community:

─ El Capitan, powered by the AMD Instinct MI300A APU, becomes the second AMD supercomputer to surpass the Exascale barrier, placing #1 on the Top500 list —

Extends Versal Gen 2 portfolio with industry's first FPGA devices featuring CXL 3.1 and PCIe Gen6, with LPDDR5X support, for fast connectivity, more efficient data movement, and unlocking more memory

Innovative AMD 3D V-Cache Technology Expands Portfolio of Leadership Desktop Processors

SANTA CLARA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net income of $771 million and diluted earnings per share of $0.47. On a non-GAAP(*) basis, gross margin was 54%, operating income was $1.7 billion, net income was $1.5 billion and diluted earnings per share was $0.92.

SANTA CLARA, Oct. 16, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) announced today that it will report fiscal third quarter 2024 financial results on Tuesday, Oct. 29, 2024, after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. EDT / 2:00 p.m. PDT. Interested parties are invited to listen to the webcast of the conference call via the AMD Investor Relations website ir.amd.com.

AMD Alveo UL3422 accelerator provides high-frequency traders an edge in the race to fastest trade execution while lowering barriers to entry

– New processors deliver unprecedented AI compute capabilities1 and multi-day battery life2, enabling incredible productivity for business users – – AMD continues to expand commercial portfolio; more than 100 Ryzen AI PRO PCs on-track to launch through 2025 –

─ Latest accelerators offer market leading HBM3E memory capacity and are supported by partners and customers including Dell Technologies, HPE, Lenovo, Supermicro and others ─

— New EPYC processors deliver record breaking performance and efficiency for a wide range of data center workloads —

— AMD launches 5th Gen AMD EPYC processors, AMD Instinct MI325X accelerators, next gen networking solutions and AMD Ryzen AI PRO processors powering enterprise AI at scale —

— Customers including Fireworks AI are powering their AI inference and training workloads with new OCI Compute instances --

SANTA CLARA, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced “Advancing AI 2024,” an in-person and livestreamed event on October 10, 2024 to showcase the next-generation AMD Instinct™ accelerators and 5th Gen AMD EPYC™ server processors, as well as Networking and AI PC updates, in addition to highlighting the Company’s growing AI solutions ecosystem.

SANTA CLARA, Calif., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced that Dr. Lisa Su, chair and chief executive officer, will present at the Goldman Sachs Communacopia and Technology Conference on Monday, Sept. 9 at 12:25 pm PT / 3:25 pm ET.

SANTA CLARA, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced that Keith Strier has joined the company as senior vice president of global AI markets. Strier has more than 30 years of experience in strategic business and market development, technical engineering and enabling responsible AI deployments. He most recently served as vice president of worldwide AI initiatives at NVIDIA, with responsibility for expanding commercial engagements with foreign governments. At AMD, he will be responsible for expanding the company’s AI vision, driving new ecosystem capabilities and accelerating strategic AI engagements globally across public and private sectors. He reports to AMD Executive Vice President and Chief Technology Officer, Mark Papermaster.

AMD reduces carbon emissions, deepens industry collaboration and strengthens employee development programs to achieve strategic corporate responsibility goals

SANTA CLARA, Calif., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced that Mark Papermaster, executive vice president and chief technology officer, will present at the Deutsche Bank Technology Conference on Wednesday, Aug. 28 at 1:15 pm PT / 4:15 pm ET.

 — Strategic acquisition to provide AMD with industry-leading systems expertise to accelerate deployment of optimized rack-scale solutions addressing $400 billion data center AI accelerator opportunity in 2027 —

SANTA CLARA, Calif., Aug. 12, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced the completion of its acquisition of Silo AI, the largest private AI lab in Europe. The all-cash transaction valued at approximately $665 million furthers the company’s commitment to deliver end-to-end AI solutions based on open standards and in strong partnership with the global AI ecosystem.

SANTA CLARA, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced revenue for the second quarter of 2024 of $5.8 billion, gross margin of 49%, operating income of $269 million, net income of $265 million and diluted earnings per share of $0.16. On a non-GAAP(*) basis, gross margin was 53%, operating income was $1.3 billion, net income was $1.1 billion and diluted earnings per share was $0.69.

SANTA CLARA, Calif., July 22, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced that AMD President Victor Peng is retiring effective August 30, 2024. He will continue to serve on the AMD executive team in an advisory role and support the transition until his retirement date.

SANTA CLARA, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) announced today that it will report fiscal second quarter 2024 financial results on Tuesday, July 30, 2024, after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. EDT / 2:00 p.m. PDT. Interested parties are invited to listen to the webcast of the conference call via the AMD Investor Relations website ir.amd.com.

ꟷ Europe’s largest private AI lab to accelerate the development and deployment of AMD-powered AI models and software solutions ꟷ

AMD Zynq adaptive SoCs help Sun Singapore accelerate video analytics and real-time inferencing for AI at the edge

SANTA CLARA, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced that Ruth Cotter, senior vice president, Marketing, Communications and Human Resources, will present at the UBS Women in Tech Summit on Wednesday, June 12 at 10:30 am PT / 1:30 pm ET.

SANTA CLARA, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced that Jean Hu, executive vice president, chief financial officer and treasurer, will present at the Nasdaq London Investor Conference in partnership with Jefferies on Tuesday, June 11 at 2:45pm GMT / 6:45am PDT.

— AMD Ryzen™ AI 300 Series Processors Unlock Transformational AI Experiences for Windows Copilot+ PCs —

— Updated AMD Instinct accelerator roadmap brings annual cadence of leadership AI performance and memory capabilities —

— Expanded AMD Instinct accelerator roadmap brings annual cadence of leadership AI accelerators; next generation AMD EPYC processors to extend data center CPU leadership —

SANTA CLARA, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced that Chair and CEO Dr. Lisa Su will deliver the opening keynote at COMPUTEX 2024.

— The new Azure ND MI300X V5 instances are now generally available, with Hugging Face as the first customer —

AMD EPYC 4004 Series processors power an expanded range of entry level system designs from leading server providers

SANTA CLARA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced the following events for the financial community:

— 156 of the Top500 supercomputers are powered by AMD, a 29 percent year-over-year increase —

SANTA CLARA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) received the prestigious 2024 Corporate Innovation Award from the Institute of Electrical and Electronics Engineers (IEEE) during a May 3 ceremony in Boston. The award recognizes AMD for pioneering the development and deployment of chiplet architecture designs for high-performance and adaptive computing.

Optiver utilizes high-performance AMD solutions including EPYC CPUs, Solarflare Ethernet adapters, Virtex FPGAs and Alveo Accelerators

SANTA CLARA, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced revenue for the first quarter of 2024 of $5.5 billion, gross margin of 47%, operating income of $36 million, net income of $123 million and diluted earnings per share of $0.07. On a non-GAAP(*) basis, gross margin was 52%, operating income was $1.1 billion, net income was $1.0 billion and diluted earnings per share was $0.62.

SANTA CLARA, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) announced today that it will report fiscal first quarter 2024 financial results on Tuesday, Apr. 30, 2024, after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. EDT / 2:00 p.m. PDT. Interested parties are invited to listen to the webcast of the conference call via the AMD Investor Relations website ir.amd.com.

— AMD Ryzen™ PRO 8040 Series and AMD Ryzen™ PRO 8000 Series provide businesses with the most advanced x86 processors1 for AI PCs —

— First devices in AMD Versal Series Gen 2 portfolio target up to 3x higher TOPs-per-watt with next-gen AI Engines and up to 10x more CPU-based scalar compute than first generation —

SANTA CLARA, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) was notified on March 27, 2024 of an unsolicited "mini-tender" offer by Tutanota LLC (“Tutanota”). Pursuant to the offer, which is dated March 18, 2024, Tutanota is offering to purchase up to 150,000 shares of AMD common stock at $200.00 per share, which represents approximately 0.009283% of AMD’s outstanding shares. The offer price of $200.00 per share is conditioned on, among other things, the closing price per share of AMD common stock exceeding $200.00 per share on the last trading day before the offer expires. This means that unless this condition is waived by Tutanota, AMD stockholders who tender shares in the offer will receive a below-market price. Tutanota can extend the offer for successive periods of 45 to 180 days until the market price of AMD common stock exceeds the offer price, in which case payment would be delayed beyond the scheduled expiration date of Friday, April 19, 2024.

ꟷ AMD Zynq UltraScale+ MPSoC and Artix-7 FPGA-powered LiDAR will enhance next-generation autonomous vehicle safety for exceptional object detection and real-time analysis ꟷ

— New FPGAs offer high I/O counts, power efficiency, and state-of-the-art security features for embedded vision, healthcare, industrial networking, robotics, and video applications —

Former head of Oak Ridge National Laboratory to accelerate adoption of AMD technologies for sovereign AI deployments benefiting citizens around the world

SANTA CLARA, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced that Jean Hu, AMD executive vice president, chief financial officer and treasurer, will present at the Morgan Stanley Technology, Media and Telecom Conference on Tuesday, March 5 at 8:00 AM PST/11:00 AM EST.

SANTA CLARA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced that Mark Papermaster, chief technology officer and executive vice president, Technology and Engineering, will present at a virtual Arete investor webinar on Tuesday, Feb. 20 at 10:00 AM PST/1:00 PM EST.

— AMD Kria™ K26 SOM-powered vision AI box processes camera images at high speeds to inspect tracks more efficiently —

— AMD-validated solutions provide a simplified path to AI inferencing, sensor fusion, industrial networking, control, and visualization for ODM partners —

SANTA CLARA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced revenue for the fourth quarter of 2023 of $6.2 billion, gross margin of 47%, operating income of $342 million, net income of $667 million and diluted earnings per share of $0.41. On a non-GAAP(*) basis, gross margin was 51%, operating income was $1.4 billion, net income was $1.2 billion and diluted earnings per share was $0.77.

SANTA CLARA, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced that Ava Hahn has joined the company as senior vice president, general counsel and corporate secretary, replacing Harry Wolin who is retiring from AMD after 24 years.

SANTA CLARA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) announced today that it will report the fiscal fourth quarter and full year 2023 financial results on Tuesday, Jan. 30, 2024, after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. EST / 2:00 p.m. PST. Interested parties are invited to listen to the webcast of the conference call via the AMD Investor Relations website ir.amd.com.

— AMD Ryzen™ 8000G Series desktop processors bring immense performance for gamers and creators and unlocks new personal AI experiences with Ryzen AI —

— 16GB of high-speed memory powers today’s and tomorrow’s games; Support for AMD HYPR-RX with AMD Fluid Motion Frames and other key AMD technologies enable highly responsive, fully immersive gaming experiences —

— New Versal AI Edge XA adaptive SoCs and Ryzen Embedded V2000A Series processors underscore AMD leadership for powering next-generation automotive systems —

SANTA CLARA, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) has been notified of a "mini-tender" offer by TRC Capital Investment Corporation (“TRC Capital”). Pursuant to the offer, which is dated Dec. 11, 2023, TRC Capital is offering to purchase up to 1 million shares of AMD common stock, which represents approximately 0.06% of its outstanding shares. AMD cautions its stockholders that TRC Capital's unsolicited "mini-tender" offer of $123.45 per share is approximately 4.24% below the $128.92 per share closing price of AMD stock on Dec. 8, 2023, the day before the "mini-tender" offer was commenced and approximately 11.12% below the $138.90 per share closing price of AMD stock on Dec. 18, 2023.

— Dell Technologies, Hewlett Packard Enterprise, Lenovo, Meta, Microsoft, Oracle, Supermicro and others showcase AMD hardware for high performance computing and generative AI —

— Microsoft, Dell Technologies, HPE, Lenovo, Meta, Oracle, Supermicro and others adopt new AMD Instinct MI300X and MI300A data center AI accelerators for training and inference solutions —

— Acer, Asus, Dell, HP, Lenovo and Razer laptops powered by AMD Ryzen™ 8040 Series mobile processors to deliver advanced computing for work, play, and AI-enabled experiences —

SANTA CLARA, Calif., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced the following events for the financial community:

— AMD Instinct MI300X Accelerators will power new Microsoft Azure virtual machine series optimized for AI —

SANTA CLARA, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQAMD) announced “Advancing AI,” an in-person and livestreamed event on December 6, 2023 to launch the next-generation AMD Instinct™ MI300 data center GPU accelerator family and highlight the Company’s growing momentum with AI hardware and software partners.

Number of AMD-based supercomputers on the latest Top500 list grows 39% year-over-year to 140; AMD now powers 8 of the 10 most energy efficient supercomputers in the world

Ryzen Embedded 7000 Series processors deliver leadership performance and advanced features with a growing partner ecosystem including Advantech, ASRock and DFI

AMD Radeon™ PRO W7700 graphics card sets standard for professional graphics accelerators at $999, delivering a double-digit performance increase in key professional applications compared to the competition

— AMD strengthens compelling 3rd Gen EPYC CPU portfolio delivering performance and energy efficiency for servers supporting essential business infrastructure —