The AI boom has minted a new class of billionaires, led by Nvidia's Jensen Huang, whose GPUs power the AI revolution. Young entrepreneurs like Alexandr Wang of Scale AI are also profiting from data ...

AMD reported Q2 revenue up 32pc year-on-year, despite losing out $800m from US export restrictions on its AI chips to China.

Key Points Advanced Micro Devices (NASDAQ:AMD) set a new revenue record for Q2 FY2025 at $7.7 billion (non-GAAP), up 32% year over year. Non-GAAP earnings per share matched expectations, but ...

AMD CEO Lisa Su said the company is making headway with U.S. regulators on export licenses for its MI308 AI chips to China.

Advanced Micro Devices Inc., the second-largest maker of AI accelerator chips, gave a strong forecast for the current period, signaling that it’s making inroads in an industry dominated by Nvidia Corp ...