Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.
Micron Technology, Inc. MU shares rose 2.7% on Tuesday following NVIDIA Corporation’s NVDA announcement that Micron would be a critical supplier for its groundbreaking GeForce RTX 50 Blackwell graphics processing units (GPUs).
We recently published a list of 10 AI Stocks on Investors’ Radar In January 2025. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against other AI stocks on investors’ radar in January 2025.
It's clear that AMD isn't the AI company Nvidia is. Its $3.5 billion in data center revenue in Q3 was a fraction of Nvidia's $30.8 billion. However, investing isn't always about following the herd. Often, the underdog can win big, too. Is AMD poised to perform better in 2025? Keep reading to discover if the stock is a buy right now.
Shares of Absci on Wednesday jumped following a report on a $20 million investment from Advanced Micro Devices. The stock was up 27% to $3.89 in pre-market trading. Through Tuesday's close, shares have fallen 25% over the past 12 months.
particularly from Nvidia (NVDA), as well as the “growing” cloud preference for custom chips from Broadcom (AVGO) and Marvell Technology (MRVL), which could limit Advanced Micro Devices ...
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Since AI emerged as the world's next megatrend about two years ago, one product in particular has become the technology sector's holy grail.
Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.
On the other hand, Wall Street has seemingly left Advanced Micro Devices (NASDAQ: AMD) in the dust. While Nvidia has soared an impressive 170% over the past 12 months, AMD has declined nearly 20%.
The Motley Fool has positions in and recommends Advanced Micro Devices, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on ...
At CES in Las Vegas, Nvidia showed that it’s still focused on serving gamers even as the company’s primary business is now in the data center.