Meta just signed a blockbuster chip deal with AMD
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Key Takeaways AMD CEO Lisa Su told CNBC in an interview Tuesday that she doesn't see AI's rise wiping out the need for human workers.“We have to figure out how to harness the power of the technology instead of being afraid,
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Why is AMD (AMD) stock rocketing higher today?
What Happened? Shares of computer processor maker AMD (NASDAQ:AMD) jumped 8.5% in the afternoon session after the company secured a deal to sell up to US$60 billion in artificial intelligence chips to Meta Platforms over five years.
Meta Platforms has signed a major deal with AMD to deploy 6 gigawatts of AI data center infrastructure, marking a significant expansion of Meta’s AI capabilities.
The most recent trading session ended with Allegheny Technologies (ATI) standing at $56.50, reflecting a +0.87% shift from the previouse trading day's closing. Elsewhere, the Dow lost 0.2%, while the tech-heavy Nasdaq added 0.12%. Shares of the maker of ...
Forbes contributors publish independent expert analyses and insights. I’m an employment lawyer who writes about your workplace rights. Nov 15, 2024, 07:02pm EST FILE - In this Oct. 14, 2009 file photo, an Advance Micro Devices (AMD) logo is shown on a ...
The highly anticipated Crimson Desert will be the second game to support FSR Redstone's AI-powered FSR Upscaling, Frame Generation, and Ray Regeneration.
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in ...