Analyst Revises AMD Stock Predictions Ahead of Upcoming AI Conference

Reported 27 days ago

AMD CEO Lisa Su expressed her astonishment at the rapid advancements in artificial intelligence, sharing insights from a recent conference. As the company gears up to unveil new AI chips during their upcoming event, analysts highlight the impact of AMD's recent acquisition of ZT Systems on their competitiveness against Nvidia. Despite a recent drop in stock value, AMD continues to show strong revenue growth, especially in the data center segment, as it prepares for its 'Advancing AI 2024' conference on October 10.

Source: YAHOO

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