AMD posts record revenue but disappoints with data center segment results
Company posted data center revenue of $3.86 billion in Q4 2024
Company posted data center revenue of $3.86 billion in Q4 2024
Facility previously used by a local bank as a data center
Reports of a sale to Cordiant's Speed Fibre Group surfaced earlier this week
"And that doesn't even touch upon the universe of opportunities," president says
But Google Cloud revenues disappoint, and shares fall
Cloudnium currently offers services from one floor of the site
Hundreds of millions of dollars of contracts up in the air
A deal could be announced within the next few weeks
Company looks beyond Bitcoin amid AI boom
Will fund growth across its African subsidiaries
Will use funds to deploy its optical networking solution in AI data centers
DOL no longer needs data center
But company doesn't rule out potential mergers in the future
Will fund the company's US growth plans
Japanese firm has first refusal to buy 300MW data center site in Texas from company
From trading partners to trade war
The funds may then be used for Stargate
As Trump threatens to start a trade war with the EU
Not just lights out data centers, lights out site selection?
Will aim to replicate Hyderabad's HITEC City
“Our positive outlook hasn't changed for data center demand growth"
Second-highest annual revenue ever recorded by the company
Despite the downturn, company has received first two installments of CHIPS Act funding
Where does this leave TPG?
Argues that a deal would hurt competition
Calls data centers vital but says how they're used may change
Alongside $600m secondary share offering