SANTA CLARA, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that Tim Keating has joined the company as senior vice president, Government Relations and Regulatory Affairs, effective today.

SANTA CLARA, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced the following events for the financial community:

─ El Capitan, powered by the AMD Instinct MI300A APU, becomes the second AMD supercomputer to surpass the Exascale barrier, placing #1 on the Top500 list —

SANTA CLARA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net income of $771 million and diluted earnings per share of $0.47. On a non-GAAP^(*) basis, gross margin was 54%, operating income was $1.7 billion, net income was $1.5 billion and diluted earnings per share was $0.92.

AMD Alveo UL3422 accelerator provides high-frequency traders an edge in the race to fastest trade execution while lowering barriers to entry

– New processors deliver unprecedented AI compute capabilities¹ and multi-day battery life², enabling incredible productivity for business users –

– AMD continues to expand commercial portfolio; more than 100 Ryzen AI PRO PCs on-track to launch through 2025 –

─ Latest accelerators offer market leading HBM3E memory capacity and are supported by partners and customers including Dell Technologies, HPE, Lenovo, Supermicro and others ─

— New EPYC processors deliver record breaking performance and efficiency for a wide range of data center workloads —

— AMD launches 5^th Gen AMD EPYC processors, AMD Instinct MI325X accelerators, next gen networking solutions and AMD Ryzen AI PRO processors powering enterprise AI at scale —

— Customers including Fireworks AI are powering their AI inference and training workloads with new OCI Compute instances --

— OCI Supercluster leads among cloud providers with support for up to 16,384 AMD Instinct MI300X GPUs in a single ultrafast network fabric --