The CEO said that the data center business has risen from the fourth to first quarter and demand for the company's CPUs is "going gangbusters."

Advanced Micro Devices Inc. suffered its worst stock decline in nearly nine years after the chipmaker’s sales forecast underwhelmed investors, a sign it’s not making the AI inroads that Wall Street anticipated.

Advanced Micro Devices (NASDAQ:AMD) is the latest large-cap tech company to plunge after the release of some strong quarterly earnings results. Indeed, it feels like impressing on earnings is a painfully difficult task this time of year.

Investors dropped shares of Advanced Micro Devices after its latest earnings. Its CEO says they should be excited about what's ahead this year.

Alphabet expects capital expenditure for 2026 to come in between $175 billion and $185 billion — at the higher end, capex will more than double from last year.

AMD's share price dropped 13% after its latest financial report, and even though it recorded record revenue, CEO Lisa Su is now out there calming nerves.