Advanced Micro Devices Inc Stock Price, News & Analysis

Sanmina (NASDAQ: SANM) has announced a transformative acquisition of ZT Systems' data center infrastructure manufacturing business from AMD for up to $3 billion. The deal includes $2.55 billion in cash and equity, plus $450 million in contingent consideration. ZT Systems generates approximately $5-6 billion in annual revenue and specializes in Cloud and AI infrastructure for hyperscalers. The acquisition brings advanced liquid cooling capabilities and manufacturing facilities in New Jersey, Texas, and the Netherlands. As part of the deal, AMD will retain ZT Systems' AI systems design business and establish a strategic partnership with Sanmina as their preferred NPI manufacturing partner. The transaction is expected to close by the end of 2025 and be accretive to Sanmina's non-GAAP EPS in the first year post-close. The deal significantly enhances Sanmina's position in the Cloud and AI ecosystem and is projected to double the company's revenue scale within three years.

AMD (NASDAQ: AMD) has announced a new $6 billion share repurchase program, expanding its total current repurchase authority to approximately $10 billion when combined with the remaining $4 billion from its existing program. CEO Lisa Su emphasized that this expansion reflects the board's confidence in AMD's strategic direction, growth prospects, and ability to generate strong free cash flow.

The company maintains flexibility in executing the program, with no set termination date and the ability to make purchases through open market or private negotiations. The timing and amount of repurchases will be market-dependent, and AMD retains the right to suspend or discontinue the program at any time.

AMD (NASDAQ: AMD) and HUMAIN, Saudi Arabia's new AI enterprise, have announced a groundbreaking $10 billion collaboration to develop the world's most advanced AI infrastructure. The partnership aims to deploy 500 megawatts of AI compute capacity over the next five years, creating a network of AMD-based AI computing centers from Saudi Arabia to the United States.

The collaboration will leverage AMD's full AI compute portfolio, including AMD Instinct GPUs, EPYC CPUs, Pensando DPUs, Ryzen AI, and the ROCm open software ecosystem. HUMAIN will manage the infrastructure deployment, including hyperscale data centers, sustainable power systems, and global fiber interconnects. The project is scheduled to activate multi-exaflop capacity by early 2026, focusing on enterprise, startup, and sovereign markets.

AMD has launched its new EPYC 4005 Series processors, designed for small and medium businesses and hosted IT service providers. The processors utilize the AM5 socket and deliver enterprise-class features with superior performance - notably, the EPYC 4565P 16-core outperforms Intel's 6th gen Xeon 6300P by 1.83x. The lineup includes six models ranging from 6 to 16 cores, with prices from $239 to $699. Key features include PCIe 5.0 support, DDR5 memory compatibility, and TDPs between 65W-170W. Major partners including Lenovo, OVHcloud, Supermicro, and Vultr have already announced support for the new processors. The series aims to provide an optimal balance of performance, dependability, and cost-efficiency for growing businesses.

AMD (NASDAQ: AMD) has announced its Annual Meeting of Stockholders, scheduled for Wednesday, May 14, 2025, at 9 a.m. PDT. The meeting will be held virtually and can be accessed at virtualshareholdermeeting.com/AMD2025. Shareholders will vote on matters outlined in AMD's 2025 Proxy Statement, which along with the Annual Report on Form 10-K, is available on ir.amd.com. A real-time audio webcast will be provided, with a replay available for up to one year after the meeting.

AMD reported strong Q1 2025 financial results with revenue of $7.4 billion, up 36% year-over-year. The company achieved a GAAP net income of $709 million and diluted EPS of $0.44, while non-GAAP earnings were $0.96 per share. Data Center segment led growth with $3.7 billion revenue, up 57% YoY, driven by EPYC CPU and Instinct GPU sales. Client revenue grew 68% to $2.3 billion, while Gaming revenue declined 30%. The company's gross margin improved to 50% GAAP and 54% non-GAAP. AMD closed the ZT Systems acquisition and expanded AI partnerships. For Q2 2025, AMD expects revenue of approximately $7.4 billion ±$300 million, with non-GAAP gross margin of 43% including $800 million in inventory charges due to export controls.

AMD (NASDAQ: AMD) has announced a press conference scheduled for May 21, 2025, at 11 a.m. UTC+8 during Computex 2025 in Taipei. The event, which will be held at the Grand Hyatt and livestreamed simultaneously, will focus on AMD's advancements in AI technology across gaming, PCs, and professional workloads.

Jack Huynh, senior vice president and general manager of the Computing and Graphics Group, along with industry partners, will present AMD's expanding leadership in gaming, workstations, and AI PCs, showcasing their high-performance computing and AI product portfolio. The livestream will begin at 8 p.m. PT/11 p.m. ET on Tuesday, May 20, accessible via AMD.com, with replay available afterward.

AMD (NASDAQ: AMD) has achieved a significant milestone as its next-generation AMD EPYC processor, codenamed 'Venice,' becomes the first HPC product to be taped out and brought up on TSMC's advanced 2nm (N2) process technology. This achievement demonstrates the strong partnership between AMD and TSMC in semiconductor manufacturing, combining new design architectures with cutting-edge process technology.

The company has also successfully completed the bring up and validation of its 5th Gen AMD EPYC CPU products at TSMC's new fabrication facility in Arizona, reinforcing AMD's commitment to U.S. manufacturing. The 'Venice' processor is scheduled to launch next year, marking a significant advancement in AMD's data center CPU roadmap.

AMD (NASDAQ: AMD) has announced that Google Cloud's new C4D and H4D virtual machines (VMs) are now powered by 5th Gen AMD EPYC processors. The C4D instances demonstrate up to 80% higher throughput/vCPU compared to previous generations, leveraging AMD's 'Zen 5' architecture advancements.

The H4D instances, specifically optimized for HPC workloads, feature AMD EPYC CPUs with Cloud RDMA, enabling efficient scaling up to tens of thousands of cores. These VMs are designed to handle various workloads, from data analytics and web serving to high-performance computing and AI.

Both C4D and H4D virtual machines are currently available in preview, with general availability expected later this year across multiple global regions.