AMD Stock Recent News
AMD LATEST HEADLINES
Could AMD stock reach $300 in the next few years? We think there is a possibility.
Not every AI customer wants or can afford Nvidia's powerhouse Blackwell chip.
Nvidia is sold out for the next year, while CEO Lisa Su gives the most bullish AI forecast yet.
So far the AI growth story has centered around data centers, with AMD being perceived as a peripheral winner in the shadow of Nvidia. In fact, following AMD's ‘Advancing AI' event where AMD demonstrated new chips, the stock fell by 4% as the market remains wary of the company's ability to seriously challenge Nvidia. However, as the AI revolution evolves from data centers to edge device computing, AMD finally has an opportunity to come out of Nvidia's shadow.
The share price of Advanced Micro Devices (NASDAQ: AMD) ended the latest trading session in the green, seemingly receiving a boost from the company's October 10 artificial intelligence event.
Advanced Micro Devices recently shared various updates about the AI accelerator market.
One figure points to a significant change that could spark considerable stock price growth.
Advanced Micro Devices (AMD) on Thursday (Oct. 10) unveiled a new artificial intelligence (AI) chip aimed at breaking Nvidia's stronghold on the lucrative data center GPU market. The launch of AMD's Instinct MI325X accelerator marks an escalation in the AI hardware arms race, with implications for businesses investing in AI.
Advanced Micro Devices (AMD) may have disappointed investors with its Advancing AI event Thursday, but analysts said they're still bullish on the chipmaker's growth prospects.
"There wasn't any real news" during Tesla's (TSLA) We Robot event, according to David Nicholson. He questions the Cybercab's marketed audience and says competition is already "years ahead" of Tesla.