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AMD tied a 2027 target to more than doubling its data‑center business at Goldman Sachs conference
At the Goldman Sachs Communacopia + Technology Conference, AMD executives said the company expects its data‑center business to ‘much more than double’ in 2027 and raised its 2030 server market TAM estimate to $220 billion; management framed this as a concrete milestone but noted it is a conference target rather than formal guidance.
via TabTab1d agoSource
CEO Lisa Su sold 70,000 AMD shares under a pre-arranged 10b5-1 plan
SEC‑reported insider filings show CEO Lisa Su sold 70,000 shares (about $35.5 million) on Sept. 10 under a pre-arranged Rule 10b5-1 plan; the transaction was disclosed in filings and has coincided with recent share price weakness.
via TabTab1d agoSource
AMD shares fell about 6% after AI leaders called for slowing model development
Advanced Micro Devices stock dropped roughly 5.9% on Sept. 14 amid a broad semiconductor selloff after prominent AI executives urged slowing frontier model development; investors reassessed the pace of hyperscaler AI infrastructure spending, weighing on AMD which is heavily exposed to data‑center GPU demand.
via TabTab1d agoSource