Tag: $AMD

U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices’ (AMD.O), strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a shift toward CPUs would spur ​the next leg of spending.

Canadian AI lab Cohere announced on Friday that it planned to acquire German AI company Aleph Alpha, as it eyed major expansion in Europe.

Samsung Electronics (5930), opens new tab and Advanced Micro Devices (AMD), signed a memorandum of understanding to expand their strategic partnership on memory chip ​supplies for artificial intelligence infrastructure, the companies said on Wednesday.

Meta Platforms (META) has signed a multi-billion dollar deal to rent artificial intelligence chips from Google (GOOGL), to develop new AI models, The Information reported on Thursday, citing a person involved in the talks.

Advanced Micro Devices (AMD)stock surged 14% in premarket trading Tuesday after the chip maker agreed to a long-term deal with Meta Platforms (META).

Advanced Micro Devices CEO Lisa Su believes the computer artificial-intelligence revolution is in the early innings.

China’s fast-growing artificial intelligence sector may be readying for major purchases of U.S. chips, creating opportunities—and competition—for the likes of Nvidia and Advanced Micro Devices.

Advanced Micro Devices CEO Lisa Su is getting more optimistic about the long-term market opportunity for semiconductors.

The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources familiar with the matter told Reuters.

OpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman’s company take a 10% stake in the chipmaker.

Advanced Micro Devices on Thursday unveiled new details about its next-generation AI chips, the Instinct MI400 series, that will ship next year.

Advanced Micro Devices reported first fiscal-quarter earnings on Tuesday that topped expectations, and provided a strong forecast for current-quarter revenue.

Advanced Micro Devices (NASDAQ:AMD) announced on Tuesday that its key processor chips will soon be produced at Taiwan Semiconductor Manufacturing Company’s (TSMC) new facility in Arizona. This marks the first time AMD’s products will be manufactured within the United States.

Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia even as its quarterly results and revenue outlook exceeded analyst estimates on Tuesday.

The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.

AMD reported earnings results Tuesday afternoon in line with expectations, but the company forecast slightly less revenue than expected for its December quarter.

Advanced Micro Devices stock is falling after the company launched its latest data center AI chip.

AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle Nvidia 

Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of potentially less severe U.S. export restrictions on China.

AMD on Monday announced new artificial intelligence chips as it seeks to establish itself as a leader amid competition with the likes of Nvidia and Intel.