AMD Shares Drop as Investors Await AI Growth Indicators

Reported 27 days ago

AMD experienced a significant stock decline of over 4% after launching new AI chips, failing to provide critical customer and financial insights. While CEO Lisa Su highlighted the company's competitive edge against Nvidia in the AI market, investor anticipation remains high for forthcoming quarterly earnings to gauge AMD's progress. Despite the downturn, the company has set ambitious targets and maintains a positive outlook on AI's growth potential.

Source: YAHOO

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