AMD chief executive Lisa Su told reporters in Taipei on October 6 that the company raised its supply through 2026 and plans a substantial further increase in 2027. She said demand looks very high for the next several years, that AMD is planning its wafer…
Finance angle AMD's sales of AI processors are limited by how many advanced wafers, packaging slots and memory chips it can secure, not by orders, so supply commitments are what turn demand into revenue. More AMD volume means more business for TSMC (wafers), Foxconn (server assembly) and Samsung and SK Hynix (high-bandwidth…
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Nvidia's board authorised a further $150 billion of share repurchases, the largest increase any company has announced and above Apple's $110 billion in 2024. Total buyback capacity is now $235 billion, which Nvidia plans to use through fiscal 2028. The…
Finance angle The $235 billion is cash earned from AI chip sales to cloud companies being returned to shareholders rather than spent on capacity or acquisitions. It comes while Nvidia's shares, up just over 20% this year, trail AMD (more than doubled) and Intel (more than tripled) as competition in AI chips grows, and with the…
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AMD reported second-quarter revenue of $11.5 billion and net income of $2.3 billion. Data Center segment revenue was $6.7 billion, up 107% from a year earlier. The company guided third-quarter revenue to approximately $13 billion, plus or minus $300 million,…
Finance angle AMD's $6.7 billion of data-centre revenue is small beside Nvidia's, but a 107% growth rate and an Anthropic commitment of up to 2 gigawatts of MI450 GPUs show large AI buyers adding a second chip supplier. For AI labs and cloud providers that is leverage on price and supply; for AMD it is the base for a guided $13…
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