We recently compiled a list of the 14 AI Stocks Making Waves on Wall Street. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other AI stocks.
AMD, AI and Absci
· 15h
AMD invests $20M in AI-powered drug discovery company Absci
· 1d · on MSN
AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal
AMD Invests in Drug-Discovery Company Absci in Push to Sell AI Chips
The $20 million deal gives the chip supplier a toehold in the life-sciences market, a strategy it plans to replicate in other industries.
AI, NVIDIA and Netherlands
Artificial intelligence (AI) stocks have soared over the last couple of years as optimism about the technology and its capabilities continues to grow. As most investors know, one of the more notable success stories is Nvidia,
Artificial intelligence (AI) has come a long way in recent years. Businesses are starting to see tangible savings from implementing this technology in their operations, which is triggering massive investment.
It's clear that AMD isn't the AI company Nvidia is. Its $3.5 billion in data center revenue in Q3 was a fraction of Nvidia's $30.8 billion. However, investing isn't always about following the herd. Often, the underdog can win big, too. Is AMD poised to perform better in 2025? Keep reading to discover if the stock is a buy right now.
· 18h
Biden Further Limits Nvidia, AMD AI Chip Exports
· 6h
Biden administration planning new AI chip export limits that would hit Nvidia, report says
Biden administration to curb exports of AI chips, Bloomberg reports
EST Biden administration to curb exports of AI chips, Bloomberg reportsStay Ahead of the Market:Discover outperforming stocks and invest
In an internal test, AMD used the Ryzen AI Max+ 395 to run a version of the Llama 70B large language model. The company says that its new chip provided 2.2 times better performance than Nvidia Corp.’s standalone RTX 4090 GPU using less power. Usually, standalone GPUs are significantly faster than their CPU-integrated counterparts.
Advanced Micro Devices' diversified revenue streams provide a cushion against potential slowdowns in AI hardware CapEx. See why AMD stock is a Buy.
Artificial intelligence (AI) is being touted as a technology that could bring significant increases in productivity and exponentially grow the global economy. The latest developments in AI are still in the early stages,
Advanced Micro Devices shares fell Wednesday after HSBC analysts gave the stock a double downgrade, citing concerns about its artificial intelligence revenue.
Advanced Micro Devices Inc.'s attempts to gain meaningful inroads into the artificial-intelligence chip market dominated by Nvidia Corp. could hit more snags this year, according to a newly cautious analyst.
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