Advanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like artificial intelligence chips. Tweet on AMD restructruing scheme https://twitter.com/the_journalbiz/status/1857141082632712539 “As aRead More
Advanced Micro Devices Inc. agreed to buy server maker ZT Systems in a cash and stock transaction valued at $4.9 billion, adding data center technology that will bolster its efforts to challenge NvidiaRead More
Shares of Advanced Micro Devices rose by nearly 7% as investors reacted to Wednesday’s launch of new chips that aim to challenge Nvidia’s dominance in artificial intelligence computing. Tweet on AMD stock fluctuationRead More
AI optimism helps investors look past tepid overall forecast The slowdown in demand for video game consoles is hurting sales Tweet on AMD stock fluctuation @AMD soared as much as 8.4% after sayingRead More
Advanced Micro Devices and Nvidia are the biggest winners from the AI hype! Advanced Micro Devices shares climbed 5.2% to $102.42 following Monday’s disclosure that Daniel Loeb’s Third Point LLC took a stakeRead More
Advanced Micro Devices is betting cloud giants crack open their wallets again later this year. Some of the chipmaker’s fans on Wall Street aren’t so sure that will happen. AMD tweet on chipsRead More
Advanced Micro Devices Inc. set to buy chip and software startup Pensando Systems Inc. for $1.9 billion, shortly after closing its biggest-ever transaction with Xiling inc The proposed deal, which AMD disclosed, would addRead More
