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China accounts for roughly a quarter of AMD's total revenue, and the impact of the export controls would shave nearly 5% off the Wall Street forecast for revenue of $31.03 billion per LSEG data.
AMD forecast it would suffer a $1.5 billion impact on its revenue this year due to new U.S. curbs on chips, which require it to obtain a license to ship advanced AI processors to China.
AMD's MI300 accelerators hit $1 billion in sales quickly, but supply chain issues and competition with NVIDIA may impact revenue forecasts.
Analysts are forecasting AMD's Q4 revenue guidance to be between $4.05 billion and $4.58 billion, which translates to a record revenue high of $4.31 billion at the mid-point. Investors Takeaway ...
Product and Market Analysis. AMD's data center GPU business, particularly its MI300 product family, has been a standout performer. The company raised its 2024 revenue forecast for this segment ...
AMD's outlook on AI chips was just OK. As expected, AMD had a messy Q2 2023. Revenue and adjusted earnings per share (EPS) were a respective $5.4 billion (down 18% year over year) and $0.58 (down ...
Its soft quarterly revenue forecast and a $5 billion AI chip sales target for 2024, however, showed that demand for the processors was rising faster than their production, with CEO Lisa Su saying ...
China accounts for roughly a quarter of AMD's total revenue, and the impact of the export controls would shave nearly 5 per cent off the Wall Street forecast for revenue of US$31.03 billion per ...
In February, AMD stopped issuing specific forecasts for AI chip sales but said it expects “tens of billions” in sales over the next few years. Data center revenue surged 57% to $3.7 billion ...
China accounts for roughly a quarter of AMD's total revenue, and the impact of the export controls would shave nearly 5% off the Wall Street forecast for revenue of $31.03 billion per LSEG data.
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