AMD shares tumble as CEO forecasts declining data center sales
Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia , even as its quarterly results and revenue outlook exceeded analyst estimates on Tuesday.
AMD Posts Higher Revenue on Continued Data-Center Demand
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion.
AMD shares drop as data-center sales disappoint Wall Street despite AI chip growth
AMD shares fell by nearly 9% in after-hours trading, but the chipmaker is talking up a strong second half to 2025.
AMD sees Q1 data center revenue down quarter-over-quarter
Sees AI data center demand environment to strengthen in 2025. Sees AI chip at tens of billions in next couple of years. Says cheaper AI models
AMD's Data Center Revenue Hits Record High But Misses Expectations
Advanced Micro Devices posted fourth-quarter revenue and adjusted earnings that beat expectations, but data center sales came up short.
AMD’s AI Revenue Jumps, But Misses Estimates
The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion.
An Ohio data center plans to build a natural gas plant as the AI boom creates an electricity strain
Developers for Powerconnex have notified Ohio regulators of plans to build a 120 MW natural gas plant to power a data center ...
The data center boom drives growing profits for Singaporean asset manager Keppel
Keppel's connectivity segment, which handles its data center business, was the only part that reported growth in profits last ...
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Google expects 2025 capex to surge to $75bn on AI data center buildout
Google expects capital expenditure to hit $75 billion this year, with the majority going to data centers, servers, and networking. That is more than Wall Street expected at $58bn, and significantly ...
ZME Science on MSN1d
The World’s First Moon Data Center Is Launching — Here’s What It Means
In 2024, Lonestar tested the world’s first software-defined data center around the moon’s orbit. Now, they want to send it to ...
Data center boom yields $20M office refi for Maitland Management
The firm plans to use $20 million to reposition two Dallas office buildings for data centers and AI server farms.
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Data Center Boom Faces Uncertainty as DeepSeek Challenges Its Assumptions
DeepSeek's minimal requirements could have implications for data center assets. Data centers have become a new favorite in commercial real estate. Newmark has estimated that the industry would double ...
Exxon Mobil CEO says natural gas can meet surging data center demand on a faster timeline than nuclear power
Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.
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AI Data-Center Leader Hits All-Time High. Credit Two Reasons After DeepSeek Carnage.
Celestica stock plunged amid the DeepSeek sell off last week but soared to an all-time high on earnings and sales outlook.