Advanced Micro Devices (AMD) CEO Lisa Su says it’s time for the tech world to think bigger about artificial intelligence. “I would say that’s probably thinking too small,” Su told Yahoo Finance on Monday when asked about concerns that massive AI investments may be getting ahead of themselves. “You have to really look at what…
2025-08-23T10:01:01Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. OpenAI CEO Sam Altman…
Advanced Micro Devices (NASDAQ:AMD) has just sealed its $4.9 billion acquisition of ZT Systemsmarking a bold move to ramp up its data center game and take the fight to Nvidia in the booming AI infrastructure space. ZT, a major server designer with over $10 billion in annual revenue, brings 1,000 engineers into AMD’s camp, instantly…
Phil Guido, AMD’s (NASDAQ:AMD) chief commercial officer, just made a bold move, he bought 4,645 shares of the company’s stock for $500,000, marking AMD’s first insider purchase since 2012, according to SEC filings. Guido picked up the shares on February 7 at an average price of $107.56, bringing his total holdings to 33,522 shares. His…
By Max A. Cherney, Stephen Nellis, Arsheeya Bajwa (Reuters) -Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia, even as its quarterly results and revenue outlook exceeded analyst estimates on Tuesday. Shares of the Santa Clara, California-based company dropped about 10% in extended trading. AMD’s shares…