AMD Shares Rise on Meta AI Deal, Chip Demand [Yahoo! Finance]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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Source: Yahoo! Finance
This article first appeared on GuruFocus Advanced Micro Devices ( AMD Financials ) shares climbed after the chipmaker announced new artificial intelligence initiatives and a major partnership with Meta Platforms ( META Financials Warning! GuruFocus has detected 5 Warning Signs with AMD. Is AMD fairly valued? Test your thesis with our free DCF calculator. The stock rose nearly 6% during trading on March 5 after AMD CEO Lisa Su highlighted strong demand for the company's AI chips and revealed a large-scale collaboration with Meta. The companies are working together on a 6 gigawatt project that will deploy AMD's Instinct GPUs to support Meta's growing AI infrastructure. Su described the agreement as transformational, reflecting the rapid expansion of AI computing needs among major technology companies. AMD also announced its new Ryzen AI 400 series CPUs, which are made for laptops and PCs that use AI to power them. This is on top of the Meta alliance. The company claimed tha
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AMD
Earnings
- 2/3/26 - Beat
AMD
Sec Filings
- 3/4/26 - Form 144
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- AMD's page on the SEC website