Meta just made a huge bet on AMD -- and against Nvidia.
Meta signs a $100B+ AI chip deal for 6GW of MI450 GPUs and custom CPUs, with warrants covering up to 10% of AMD.
Advanced Micro Devices (NASDAQ:AMD) shares climbed 9% on Tuesday after earlier surging as much as 14% following news of an expanded multi-year collaboration with Meta (NASDAQ:META) focused on ...
NVDA stock provides remarkable revenue growth in crucial periods, enhanced profitability, and a comparatively lower valuation ...
Advanced Micro Devices Inc AMD shares skyrocketed in Tuesday's premarket session following the announcement of a landmark multi-year partnership with Meta Platforms Inc META. The deal centers on the ...
Advanced Micro Devices shares surged Tuesday after the chipmaker said it struck a big AI chip deal with Meta Platforms.
The market didn't appreciate AMD's latest quarterly results.
AMD stock is still more expensive than Nvidia stock, despite its recent correction.
Facebook owner Meta Platforms will buy artificial intelligence chips from Advanced Micro Devices in a deal that will also give it the opportunity to buy up to a 10% stake of the chip company.
By Max A. Cherney, Stephen Nellis and Zaheer Kachwala SAN FRANCISCO, Feb 24 (Reuters) - Advanced Micro Devices said on Tuesday it has agreed to sell up to $60 billion worth of artificial intelligence ...