Nvidia (NVDA) stock has been running and seems unstoppable as it in on the threshold to a new all-time high. The AI chipmaker announced that its Blackwell graphics processing unit (GPU) is currently sold out for the next 12 months, while Advanced Micro Devices’ (AMD) newly unveiled Instinct MI325X AI chip was met with underwhelming…
Advanced Micro Devices (AMD) on Thursday (Oct. 10) unveiled a new artificial intelligence (AI) chip aimed at breaking Nvidia’s stronghold on the lucrative data center GPU market. The launch of AMD’s Instinct MI325X accelerator marks an escalation in the AI hardware arms race, with implications for businesses investing in AI. AMD’s announcement came during its…
The Dow Jones Industrial Average, S&P 500, and Nasdaq are all jumping as Wall Street digests the impact of the Federal Reserve’s 50 basis point rate cut. Chip stocks are leading the way with Nvidia and Advanced Micro Devices both up more than 5% at midday. Another stock in focus is FedEx. The shipping giant…
We recently published Jim Cramer’s Exclusive List: 10 Stocks to Monitor Closely. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other stocks Jim Cramer recommends to monitor closely. On a recent episode of Mad Money, Jim Cramer emphasized the risks of straying too…