AMD (Advanced Micro Devices) Stock News

History seems to be repeating itself for Advanced Micro Devices (AMD -2.92%). In the early 2000s, it was said that Intel let AMD survive only so that Intel wouldn't be considered a monopoly in the PC processor market.

Artificial intelligence (AI) has been a hot sector to invest in, helping the stock market reach new highs in 2024. Two of the biggest beneficiaries from the rise of AI are semiconductor giants Advanced Micro Devices (AMD -2.92%) and its chief rival Nvidia (NVDA -4.05%).

AMD stock has fallen amid sluggish sales of PCs and traditional servers. It also hasn't been able to dent Nvidia's lead in AI accelerators.

Wall Street Is Sleeping On AMD's AI Inference Boom

In this video, I will cover the recent updates about Advanced Micro Devices (AMD -0.24%). Watch the short video to learn more, consider subscribing, and click the special offer link below.

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Discrete GPUs were initially designed for use in video games and professional graphics applications, but they've now become the backbone of data centers that use them to process all sorts of computations, especially those involving complex artificial intelligence (AI) functions. Unlike CPUs, which process a single piece of data at a time through scalar processing, GPUs use vector processing to ...