The Santa Clara, Calif.-based company reported Tuesday that it earned an adjusted 63 cents a share on sales of $3.85 billion in the June quarter. Analysts had forecast AMD earnings of 54 cents a share on sales of $3.62 billion. On a year-over-year basis, AMD earnings surged 250% while sales increased 99%.

(Bloomberg) -- Advanced Micro Devices Inc. gave a strong forecast indicating that market share gains, particularly in servers, are helping it make up for a tight supply of chips. Fourth-quarter revenue will be about $4.5 billion, plus or minus $100 million, Santa Clara, California-based AMD said Tuesday in a statement. That compares with an average analyst estimate of $4.25 billion. The chipmaker is on course to exceed an earlier forecast and post a sales gain of 65% for 2021, it said.

AMD lands Meta as customer, takes aim at Nvidia with new chips

November 8, 2021

Advanced Micro Devices Inc on Monday said it has won Meta Platforms Inc as a data center chip customer, cementing some of its gains against Intel Corp.

It also announced a range of new chips aimed at taking on larger rivals such as Nvidia Corp in supercomputing markets, as well as smaller competitors including Ampere Computing in the cloud computing market.

After years of trailing the much larger Intel in the market for x86 processor chips, AMD has steadily gained market share since 2017, when a comeback plan spearheaded by Chief Executive Lisa Su put the company on a course to its present position of having faster chips than Intel.

AMD now has nearly a quarter of the market for x86 chips, according to Mercury Research.

After securing Meta, the company formerly known as Facebook, as a customer, AMD now has deals in place with many of Intel's largest customers. It also has deals with Alphabet Inc's Google Cloud, Amazon.com's Amazon Web Services and Microsoft Corp's Azure.

But AMD on Monday also announced plans to take on rivals beyond Intel. The company announced a chip called the MI200 which is an "accelerator" designed to speed up certain tasks like machine learning and artificial intelligence.

The new AMD chip is designed to take on Nvidia's A100 chip, which, along with other chips designed to speed up artificial intelligence, has helped make Nvidia the most valuable U.S.-listed semiconductor company.

AMD said that Oak Ridge National Laboratory in Tennessee will use the new chip in its "Frontier" supercomputing system.

AMD also took aim at smaller rivals. The company announced a new central processor called "Bergamo" that will ship in the first half of 2023. The "Bergamo" chip will have 128 computing cores, which are useful for cloud computing companies that rent out their chips on a core-by-core basis to outside customers.

New AMD Instinct™ MI200 Series Accelerators Bring Leadership HPC and AI Performance to Power Exascale Systems and More

November 08, 2021 12:00pm EST

SANTA CLARA, Calif., Nov. 08, 2021 -- AMD today announced the new AMD Instinct™ MI200 series accelerators, the first exascale-class GPU accelerators. AMD Instinct MI200 series accelerators includes the world’s fastest high performance computing (HPC) and artificial intelligence (AI) accelerator,1 the AMD Instinct™ MI250X.

Built on AMD CDNA™ 2 architecture, AMD Instinct MI200 series accelerators deliver leading application performance for a broad set of HPC workloads.2 The AMD Instinct MI250X accelerator provides up to 4.9X better performance than competitive accelerators for double precision (FP64) HPC applications and surpasses 380 teraflops of peak theoretical half-precision (FP16) for AI workloads to enable disruptive approaches in further accelerating data-driven research.1

Exascale With AMD

AMD, in collaboration with the U.S. Department of Energy, Oak Ridge National Laboratory, and HPE, designed the Frontier supercomputer expected to deliver more than 1.5 exaflops of peak computing power. Powered by optimized 3rd Gen AMD EPYC™ CPUs and AMD Instinct MI250X accelerators, Frontier will push the boundaries of scientific discovery by dramatically enhancing performance of AI, analytics, and simulation at scale, helping scientists to pack in more calculations, identify new patterns in data, and develop innovative data analysis methods to accelerate the pace of scientific discovery.


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The Mercury Research CPU market share results are in for the fourth quarter of 2021, showing that AMD now comprises 25.6% of the overall x86 market, its highest share ever, on the strength of its increasing gaming console shipments. That beats AMD's prior overall record of 25.3% that it reached 15 years ago in 2006. Meanwhile, Intel has gained share in desktop and notebook PCs as it continues to wrest some of its losses back from AMD. However, Intel continues to slowly lose share in the lucrative server market.

Advanced Micro Devices Inc. shares AMD, +3.17% are up nearly 3% in Monday trading after the chipmaker announced that its $49 billion deal for Xilinx has officially closed. AMD also said that Chief Executive Lisa Su has been appointed the chair of the company's board, while John Caldwell, the prior chair, has been named lead independent director. ""As CEO and chair, Lisa will now have an ability to drive an even sharper focus for AMD and create greater shareholder value," Caldwell said. Additionally, Jon Olson and Elizabeth Vanderslice, two former members of Xilinx's board, will be joining the AMD board. AMD shares have dropped about 21% over the past three months as the S&P 500 SPX, -0.58% has lost roughly 6%.

Score another notable win for chip giant AMD (AMD) against its heated rival Intel.

AMD's market cap currently stands at $188 billion after shares rose nearly 2% in Tuesday's session. Intel's market cap is $182 billion. That marks the second time in a week AMD's market value has climbed above Intel — the first time it happened was a week ago.

SANTA CLARA, Calif., Feb. 24, 2022 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that its board of directors approved a new $8 billion share repurchase program. The new authorization is in addition to the $4 billion share repurchase program announced in May 2021, under which the company has repurchased approximately $3 billion of shares of AMD common stock.

The Santa Clara, Calif.-based company earned an adjusted $1.13 a share on sales of $5.89 billion in the March quarter. Analysts polled by FactSet expected AMD earnings of 91 cents a share on sales of $5.01 billion. In the year-earlier period, AMD earned 52 cents a share on sales of $3.445 billion.