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.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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?