GPU manufacturers Nvidia and AMD each enjoyed massive sales over the past year, partially thanks to miners who buy GPUs to mine cryptocurrencies. However, those sales are now declining. The demand for GPUs kept increasing as the value of cryptocurrencies went up throughout 2017. But after the market cap reached an all-time high of $830
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— New AMD Ryzen PRO Processors featured in Dell Latitude, HP Elite, and Lenovo Think designs representing the broadest portfolio of enterprise PC offerings in AMD history — SANTA CLARA, Calif. , May 14, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced unprecedented adoption of its AMD
Nvidia, the world’s largest GPU Manufacturer, posted their earnings call for the first quarter and reported revenue of $3.21 Billion, which was more than the estimates of $2.89 Billion. According to the report, the company made $289 Million — 9% of their total revenue — from sales to cryptocurrency miners. Nvidia expected to make $200
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SANTA CLARA, Calif. , May 10, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) announced the appointment of software chief architect, Dr. Jeffrey Cheng , to AMD corporate fellow. The appointment is based on his demonstrated technical leadership and role evolving the company’s graphics technologies and
SANTA CLARA, Calif. , May 03, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced its upcoming financial conference schedule: May 15, 2018 , 8:00 a.m. EDT – Dr. Lisa Su , president and chief executive officer, will present at the 46th Annual J.P.
Advanced Micro Devices’ first-quarter earnings results were buoyed by cryptocurrency mining revenue, but the chipmaker warned the volatility is getting in the way. AMD in Q1 generated a higher percentage of its revenue from sales of its graphics chips that are used to power computers in the cryptocurrency mining process for digital currencies like bitcoin and ethereum. The company,
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Revenue increased 40 percent year-over-year SANTA CLARA, Calif. , April 25, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the first quarter of 2018 of $1.65 billion , operating income of $120 million , net income of $81 million , and diluted earnings per share of $0.08 .
SANTA CLARA, Calif. , April 23, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) is scheduled to hold its Annual Meeting of Stockholders on Wednesday, May 2, 2018 at 9 a.m. PDT at its corporate headquarters, 2485 Augustine Drive , Santa Clara, Calif. and on the internet through a virtual meeting at
— Available Worldwide Today, Turbo-Charged 12nm ‘Zen+’ processor delivers the highest multithreaded performance in its class 1 plus advanced enthusiast features and a smarter platform — SANTA CLARA, Calif. , April 19, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced the global
SANTA CLARA, Calif. , April 16, 2018 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) won ‘Company of the Year’ at the esteemed PCR Awards 2018 in London , UK , presented to AMD in recognition of its transformational impact across the computing industry following the launch of the AMD Ryzen ™ family of