Articles from Advanced Micro Devices, Inc.

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 (NASDAQ: AMD) 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 (NASDAQ: AMD) 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 (NASDAQ: AMD) 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 (NASDAQ:AMD) 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 (NASDAQ: AMD) 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 (NASDAQ: AMD) 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 (NASDAQ: AMD) 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 (NASDAQ: AMD) 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 (NASDAQ: AMD) 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 (NASDAQ: AMD) 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 (NASDAQ:AMD) 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 (NASDAQ: AMD) 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 (NASDAQ: AMD) 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.