Advanced Micro Devices, Inc. (AMD)
What AMD, Nvidia, and TSM Stock Investors Should Know About Recent Semiconductor Updates
Semiconductor investors are patiently waiting for Taiwan Semiconductor Manufacturing to report earnings next week.
Is AMD Narrowing the Software Gap With Nvidia Through Its Latest AI Acquisition?
Advanced Micro Devices is acquiring Silo to boost its AI solution.
AMD Expands Its Reach by Buying Silo AI, Europe's Largest Private AI Lab
Shares of Advanced Micro Devices (AMD) rose nearly 4% Wednesday after the chipmaker said it is buying the largest private artificial intelligence (AI) lab in Europe to expand its reach in the market.
AMD Stock: Advanced Micro Devices Takes a Jab at Nvidia with New Purchase
Advanced Micro Devices (NASDAQ: AMD ) made an announcement today that appears to be catapulting the company further into the AI discussion. Specifically, the semiconductor maker announced it has agreed to buy Silo AI for $665 million, accelerating its vision to create new software and services to complement its AI chips and hardware.
What's Going On With Nvidia, AMD Stocks On Wednesday?
Artificial intelligence chip stocks led by Nvidia Corp NVDA and Advanced Micro Devices, Inc AMD are trading higher Wednesday after leading contract chipmaker Taiwan Semiconductor Manufacturing Co TSM reported June revenue growth of 33% year-on-year.
AMD acquires European LLM maker Silo AI for $665mln
Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) has agreed to acquire Silo AI, described as ‘Europe's largest private AI lab', in a deal worth $665 million in cash. Silo is the latest and largest AI company in AMD's shopping cart, with the chip-maker previously spending over $125 million on ‘a dozen AI companies in the past twelve months'.
AMD boosts its AI strategy with $665 million purchase of a Europe-based AI lab
Shares of Advanced Micro Devices Inc. rallied Wednesday after the chip maker moved to advance its artificial-intelligence strategy by purchasing what it called Europe's largest private AI lab.
AMD to acquire Finnish startup Silo AI for $665 mln to step up in AI race
Advanced Micro Devices said on Wednesday it will acquire Finnish artificial intelligence startup Silo AI for about $665 million in cash as the company tries to enhance its AI chip capabilities to compete against industry leader Nvidia.
3 Reasons Why Advanced Micro Devices Stock Is Still a Lucrative AI Bet
Advanced Micro Devices (NASDAQ: AMD ) is not seeing the same rally as its chip counterpart Nvidia (NASDAQ: NVDA ). Nvidia's share price has rallied more than 154% since the start of the year, while Advanced Micro Devices stock appears relatively flat, only appreciating 16.6% for the year as of last Friday's trading session.
3 Stocks to Load Up On to Maximize AI Exposure
If you've been sitting on the sidelines amid the massive AI-fulled run in the broader markets, you may wonder if it's too late to reach for the so-called AI winners that stand to win most from the ongoing AI boom or revolution that's going in. Indeed, like cryptocurrencies, you're probably not going to stop hearing about generative AI and the top semiconductor plays feeding the boom anytime soon.
3 ‘Picks and Shovels' Crypto Stocks Poised to Double as the Sector Matures
The cryptocurrency sector continues to mature, with significant trends emerging in 2024 that highlight the growing importance of infrastructure within the industry. Notable areas of investment include blockchain infrastructure and digital payment solutions.
Nvidia's Blackwell Launch Can Lift These 2 Chip Stocks. AMD Is Still a Winner.
The maker of graphics processing units for artificial intelligence will benefit from both higher sales volume and higher prices when its next chips become available, KeyBanc says.
