During its Financial Analyst Day, AMD (AMD) said it has $45B in custom chip design revenue that will start to ramp in 2026 and beyond. The company noted that these new design wins are in aerospace and defense, an automotive data center, and communications.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMD:
- AI Daily: SoftBank sells Nvidia stake, AMD to outline AI chip plans
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- BofA Reveals How Wall Street Is Investing in Semiconductor Stocks
- Top BofA Analyst Turns Up the Heat on AMD Stock
- MU, NVDA, PLTR, AMD: Are AI Stocks Set for Another Breakout?