AMD: A Better Investment Than Nvidia [Seeking Alpha]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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US:NYSE Investor Relations:
ir.amd.com/investor-overview
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Source: Seeking Alpha
3 Comments 1 Like On the Pulse 12.38K Follower s Follow Play 9min Summary Advanced Micro Devices, Inc.'s MI300 accelerator is driving explosive data center sales growth, narrowing the gap with Nvidia and promising significant profit surges in the coming quarters. AMD's data center sales grew 115% YoY in 2Q24, with the MI300 accelerator and EPYC server CPUs as key growth catalysts. AMD is projected to grow profits 50% faster than Nvidia next year, making it a potentially better value investment at a lower profit multiple. The ongoing scaling of MI300 accelerators positions AMD for substantial sales and operating income growth, potentially making it a strong outperformer. JHVEPhoto We have all witnessed with awe the meteoric rise of Nvidia Corporation ( NVDA which was well-positioned in the data center GPU sector just when ChatGPT and other AI language models took off and required big investments in new AI tools. While companies like Intel Corp. ( INTC and A
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AMD
News
- Jim Cramer on Advanced Micro Devices (AMD): The ‘Only Company on Earth' That Can Catch Up to Nvidia (NVDA) [Yahoo! Finance]Yahoo! Finance
- Advanced Micro Devices, Inc. (AMD) Retains Buy Rating Amid Notebook Shipment Surge [Yahoo! Finance]Yahoo! Finance
- AMD (AMD) Is Analysts' Top Data Center Stock Pick for Cutting-Edge Performance [Yahoo! Finance]Yahoo! Finance
- Advanced Micro Devices, Inc. (NASDAQ:AMD): Analyst Warns AI PC Demand Could Disappoint [Yahoo! Finance]Yahoo! Finance
- Electronic Design Automation (EDA) Market to Grow by USD 8.7 Billion (2024-2028) with AI's Rising Impact on Trends - Technavio Report [Yahoo! Finance]Yahoo! Finance
AMD
Earnings
- 7/30/24 - Beat
AMD
Sec Filings
- 9/17/24 - Form 4
- 9/13/24 - Form 4
- 9/11/24 - Form 144
- AMD's page on the SEC website