What’s Going On With AMD Stock Wednesday?

Advanced Micro Devices, Inc (NASDAQ: AMD) announced "Advancing AI," an in-person and livestreamed event on December 6, 2023, to launch the next-generation 

Advanced Micro Devices, Inc (NASDAQ:AMD) announced “Advancing AI,” an in-person and livestreamed event on December 6, 2023, to launch the next-generation AMD Instinct MI300 data center GPU accelerator family touted as an Nvidia Corp (NASDAQ: NVDA) H100 rival. 

Meanwhile, Nvidia showcased its H200 GPU, an upgrade from the H100, the chip OpenAI used to train GPT-4.

Also Read: AMD To Surpass $2B GPU Revenue Target in 2024 – Analyst

AMD’s event will highlight the company’s growing momentum with AI hardware and software partners.

AMD Chair and CEO Dr. Lisa Su will join AMD executives, AI ecosystem partners, and customers to discuss how AMD products and software are re-shaping the AI, adaptive, and high-performance computing landscape.

The live stream will start at 10 a.m. PT on December 6 at https://www.amd.com/en/corporate/events/advancing-ai.html and the AMD YouTube channel.

AMD stock has gained 84% YTD.

Price Action: AMD shares traded lower by 1.75% at $117.78 on the last check Wednesday.

Total
0
Shares
Related Posts