AMD

When it comes to short-term momentum, the news is already grim for small-cap stocks. The Russell 2000 index ended the day Tuesday at 2427.34, below...

... AI boom won't live up to expectations. Chief Executive Officer ... Provide news feedback or report an error · Site feedback: Take our Survey.

The chipmaker is working on a major deal with OpenAI

Advanced Micro Devices Inc. failed to impress investors with its revenue outlook, halting a blistering run-up in its shares this year and adding to the concerns over an AI-fueled bubble.

After its best month in the stock market in almost 25 years, Advanced Micro Devices Inc. needs to show that it truly is a major beneficiary of the artificial intelligence spending boom. That process begins with its earnings after the bell on Tuesday.

is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI. AMD has...

Shanghai-based artificial intelligence chip start-up MetaX has stepped into the spotlight after winning approval last week from Shanghai’s exchange to list on the city’s Nasdaq-style Star Market, underscoring both China’s accelerating AI investment and its potential to challenge US chip giant Nvidia. Known in Chinese as Muxi, MetaX was founded in 2020 by three veterans of US chipmaker Advanced Micro Devices (AMD) – chairman Chen Weiliang and co-chief technology officers Peng Li and Yang Jian....

Read more CNBC tech news ... The industry has been dominated by Nvidia, whose GPUs have over 90% of the market so far and sales of which have driven the...

IBM announced a quantum computing partnership with AMD in August and plans to launch a supercomputer by 2029.

Semiconductor chips are seen on a printed circuit board in this ... news provider, reaching billions of people worldwide every day. Reuters...

Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, AMD, Estee Lauder, Oracle, Yelp & more · Michael Bloom · Here are Friday's biggest...

Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here. The deal gives AMD another...

AMD Chair and CEO Lisa Su looks on, on the day of a meeting of the White House Task Force on Artificial Intelligence (AI) ... Got a confidential news tip...

Broadcom shares climbed 7% following news of the deal. They didn't disclose financial terms. While the companies have been working together for 18...

The AI arms race broadened this week, as the market's insatiable demand for compute forced a new wave of strategic partnerships and product-level execution. The central theme was the tangible move to diversify the AI supply chain, highlighted by OpenAI's massive, multi-billion dollar deal with AMD,

... AI chips,” lead Democratic co-sponsor Senator Elizabeth Warren of ... Provide news feedback or report an error · Site feedback: Take our Survey.

Artificial intelligence chip firms Nvidia Corp and Advanced Micro Devices (AMD) would have to ensure American companies get priority access to their products before China under legislation the US Senate has passed, a setback for the technology industry’s efforts to block the measure. The bipartisan legislation was easily approved in a vote late on Thursday. It is designed to bolster US competitiveness in cutting-edge industries and curb exports to China and other foreign adversaries, according...

OpenAI's AMD deal is the latest sign big AI firms are entangling supply chains. ownership and responsibility.

Nvidia CEO Jensen Huang said he's surprised AMD offered 10% of itself to OpenAI as part of a multibillion-dollar partnership announced earlier this...

AMD's big agreement this week with OpenAI gives the chipmaker a chance to cut into Nvidia's dominance in the AI market. ... Got a confidential news tip?

Holder: I'm Sarah Holder, and this is the Big Take from Bloomberg News. Today on the show: Why a network of circular AI deals is fueling concerns...

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The Altimeter Capital founder said the deals provide "more evidence that the world will remain compute-constrained."

The demand for AI computing power is large enough for ... Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

acquired the online news site the Free Press and named founder Bari Weiss editor-in-chief of CBS News, a move likely to stir controversy inside and...

Advanced Micro Devices (AMD) will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10 per cent of the chipmaker. Shares of the chipmaker surged 24 per cent on Monday, adding roughly US$63 billion to the company’s market value. The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry’s voracious appetite for...

AI giants like Nvidia, OpenAI and AMD are investing in one another, raising fears that a weak link could cripple the whole industry.

The Altimeter Capital founder said the deals provide "more evidence that the world will remain compute-constrained."

OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs over multiple years, beginning with a 1-gigawatt rollout in 2026.

Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here. The latest deal, among a...