AMD's new Instinct AI GPUs will reportedly deliver between $10 billion and $12 billion of revenue in 2026 says Wall Street analysts.

Advanced Micro Devices, Inc. (AMD) stock fell on Thursday even as the AI chipmaker unveiled a new product lineup at its annual artificial intelligence (AI)-focused event. At the “2025 Advancing AI” event,

The processors typically appear in sets of eight in the Instinct MI350 series platforms. AMD also provided platform performance, with the MI350X platform delivering 577 TFLOPS in FP64 and the MI355X scoring 628.8 TFLOPS. For FP4 performance, the MI350X provided 147.6 PFLOPS, while the MI355X platform provided 161 PFLOPS.

AMD receives positive ratings from Wall Street after Advancing AI event, with analysts reiterating Buy ratings and forecasting strong growth.

AMD on Thursday unveiled new details about its next-generation AI chips, the Instinct MI400 series, that will ship next year. CEO Lisa Su unveiled the chips at a launch event in San Jose, California.

Last week, AMD hired the team from chip startup Untether AI. On Wednesday, AMD said it had hired several employees from generative AI startup Lamini, including the co-founder and CEO.

Advanced Micro Devices’ server CPU momentum, not AI, is the real catalyst as it gains share against Intel. Learn why AMD stock is upgraded to strong buy.

AMD's Advancing AI event is currently underway and the company disclosed a multitude of details regarding the MI350 series and future AI accelerators.

Semiconductor giant AMD acqui-hired the team behind Untether AI, a startup that develops AI inference chips, as originally reported by CRN. Untether claims that their chips are faster and more energy-efficient than their rivals. The terms of the deal weren’t disclosed.

AMD’s hardware teams have tried to redefine AI inferencing with powerful chips like the Ryzen AI Max and Threadripper. But in software, the company has been largely absent where PCs are concerned. That’s changing,