Reported 1 day ago
Wall Street analysts believe that several companies, including Super Micro Computer, Dell Technologies, and Astera Labs, stand to benefit from Advanced Micro Devices' (AMD) significant deal with OpenAI. Following OpenAI's commitment to purchase multiple generations of AMD's AI chips, stock prices for AMD surged, positively impacting its partners. Analysts view this deal as a promising sign for the semiconductor sector and the broader AI market, with expectations for increased partnerships across hardware and networking companies.
Source: YAHOO