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 --

SANTA CLARA, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that Keith Strier has joined the company as senior vice president of global AI markets. Strier has more than 30 years of experience in strategic business and market development, technical engineering and enabling responsible AI deployments. He most recently served as vice president of worldwide AI initiatives at NVIDIA, with responsibility for expanding commercial engagements with foreign governments. At AMD, he will be responsible for expanding the company’s AI vision, driving new ecosystem capabilities and accelerating strategic AI engagements globally across public and private sectors. He reports to AMD Executive Vice President and Chief Technology Officer, Mark Papermaster.

AMD reduces carbon emissions, deepens industry collaboration and strengthens employee development programs to achieve strategic corporate responsibility goals

SANTA CLARA, Calif., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced that Mark Papermaster, executive vice president and chief technology officer, will present at the Deutsche Bank Technology Conference on Wednesday, Aug. 28 at 1:15 pm PT / 4:15 pm ET.

 — Strategic acquisition to provide AMD with industry-leading systems expertise to accelerate deployment of optimized rack-scale solutions addressing $400 billion data center AI accelerator opportunity in 2027 —

SANTA CLARA, Calif., Aug. 12, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the completion of its acquisition of Silo AI, the largest private AI lab in Europe. The all-cash transaction valued at approximately $665 million furthers the company’s commitment to deliver end-to-end AI solutions based on open standards and in strong partnership with the global AI ecosystem.

SANTA CLARA, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the second quarter of 2024 of $5.8 billion, gross margin of 49%, operating income of $269 million, net income of $265 million and diluted earnings per share of $0.16. On a non-GAAP^(*) basis, gross margin was 53%, operating income was $1.3 billion, net income was $1.1 billion and diluted earnings per share was $0.69.

SANTA CLARA, Calif., July 22, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that AMD President Victor Peng is retiring effective August 30, 2024. He will continue to serve on the AMD executive team in an advisory role and support the transition until his retirement date.

SANTA CLARA, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) announced today that it will report fiscal second quarter 2024 financial results on Tuesday, July 30, 2024, after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. EDT / 2:00 p.m. PDT. Interested parties are invited to listen to the webcast of the conference call via the AMD Investor Relations website ir.amd.com.

ꟷ Europe’s largest private AI lab to accelerate the development and deployment of AMD-powered AI models and software solutions ꟷ

AMD Zynq adaptive SoCs help Sun Singapore accelerate video analytics and real-time inferencing for AI at the edge

SANTA CLARA, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced that Ruth Cotter, senior vice president, Marketing, Communications and Human Resources, will present at the UBS Women in Tech Summit on Wednesday, June 12 at 10:30 am PT / 1:30 pm ET.