The Dutch government said it is holding talks with Nvidia Corp and Advanced Micro Devices Inc. regarding support for the construction of an artificial intelligence facility in the Netherlands.
AMD’s stock just got downgraded, with HSBC warning that the company’s “AI GPU roadmap is less competitive than we previously thought.”
Advanced Micro Devices lags Nvidia in AI design wins, prompting a downgrade to sell. See why AMD stock faces little room to compete meaningfully with NVDA.
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.
HSBC analyst Frank Lee sees that trend continuing, and lowered his price target on AMD shares by $90, to $110 per share, and clipped his rating on the stock to 'reduce' from 'buy' in a note published Wednesday.
Advanced Micro Devices (NASDAQ: AMD) stock saw significant sell-offs in December's trading. The semiconductor company's share price closed out the month down 11.9%, according to data from S&P Global Market Intelligence.
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particularly from Nvidia (NVDA), as well as the “growing” cloud preference for custom chips from Broadcom (AVGO) and Marvell Technology (MRVL), which could limit Advanced Micro Devices, Inc. (NASDAQ:AMD) potential to gain market share. Arya lowered his ...
Good morning. Joe Biden takes one final stand to limit AI chip exports. Apple loses its latest plea to keep iPhones in Indonesia. And a late football manager’s cozy lakeside mansion is up for sale. Listen to the day’s top stories.
The Biden Administration plans to install another layer of export restrictions in an effort to prevent China and Russia access to AI chips. Read more here.
The Biden administration reportedly will impose even-tighter curbs on Nvidia and AMD AI chip exports. Nvidia stock fell slightly.