Advanced Micro Devices (AMD) was one of the first to follow Nvidia into the artificial intelligence market. It’s starting to pay off for Santa Clara-based AMD. Its stock powered more than 200% higher from an October 2022 low 54.57 to trade at about 164 Thursday afternoon. Also on Thursday, the Relative Strength (RS) Rating for […]
After a number of large acquisitions from chip design giant Intel in 2015 and another by AMD in 2022, I’ve written about how small chip design house Lattice Semiconductor (NASDAQ: LSCC) is the last FPGA pure-play company left standing. FPGAs (field-programmable gate arrays) are a type of logic chip. They have the ability to be […]
(Bloomberg) — Hedge funds continued to lean into the biggest technology companies leading the way in artificial intelligence as the hype propelled the US stock market higher in the first quarter of the year. Most Read from Bloomberg These institutional investors saw Nvidia Corp. exposure grow, with the AI darling having the biggest increase by […]
AMD Failed To Meet Lofty Expectations At the end of April, Advanced Micro Devices Inc (NASDAQ: AMD) failed to impress, unlike Nvidia Corporation (NASDAQ: NVDA) that has been crushing investor expectations on the back of soaring AI chip sales for quite a while. It’s no secret that AMD trails the undoubtable leader Nvidia that holds as much as 80% of […]
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The tech industry is booming after facing a sharp downturn in 2022. Advances in artificial intelligence (AI) brought the launch of OpenAI’s ChatGPT, forcing countless companies to restructure their businesses to prioritize the generative technology. Excitement over AI has boosted the entire tech market, with the Nasdaq-100 Technology Sector soaring 75% since the start of […]
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Fool.com contributor Parkev Tatevosian explains why so many investors are excited about AMD (NASDAQ: AMD) stock. *Stock prices used were the afternoon prices of May 6, 2024. The video was published on May 8, 2024. Should you invest $1,000 in Advanced Micro Devices right now? Before you buy stock in Advanced Micro Devices, consider this: […]