AMD just posted a double beat and reporting a record amount of revenue. crossing the $9billion mark.
The company expects revenue of about $9.6 billion for the next quarter, plus or minus $300 million, compared with analysts' average estimate of $9.15 billion.
AMD last month said it would supply AI chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the startup the option to buy up to roughly 10% of the chipmaker.
The deal covers the deployment of hundreds of thousands of AMD's graphics processing units (GPUs), roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.
The stock still seems a bit expensive for my liking but a good solid report.
The company expects revenue of about $9.6 billion for the next quarter, plus or minus $300 million, compared with analysts' average estimate of $9.15 billion.
AMD last month said it would supply AI chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the startup the option to buy up to roughly 10% of the chipmaker.
The deal covers the deployment of hundreds of thousands of AMD's graphics processing units (GPUs), roughly equivalent to the energy needs of 5 million U.S. households, or about thrice the amount of power produced by the Hoover Dam.
The stock still seems a bit expensive for my liking but a good solid report.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.