Reported about 16 hours ago
Despite the unveiling of its new Instinct MI325X AI chip at the Advancing AI 2024 conference, AMD saw its stock drop 4%, with analysts highlighting the company's lack of significant marketing investments compared to rivals like Nvidia. AMD's announcements included advancements in GPU and CPU technology, as well as a new networking chip aimed at connecting GPUs, but concerns remain about their ability to capture new customers in a competitive data center market.
Source: YAHOO