Stocks to Watch Friday: AMD, Allstate, Travelers, Nvidia
Progressive (PGR) and Travelers (TRV): The Los Angeles wildfires c
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Biden to Further Limit Nvidia, AMD AI Chip Exports in Final Push
President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia Corp. just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.
AMD invests $20M in AI-powered drug discovery company Absci
Absci will use AMD’s $20 million investment to enhance its AI models. In parallel, the companies will collaborate to develop new hardware and software optimized for the healthcare sector. The effort will place particular emphasis on developing technologies that can advance drug discovery.
Netherlands holds supply talks with Nvidia, AMD on AI-facility
The Netherlands aims to build a facility where an AI supercomputer can contribute to research and development, as part of broader EU projects to strengthen Europe's digital economy, it said in a ...
AMD Wins Over Dell In Commercial PC Deal For Ryzen AI Pro Chips
AMD said it has won its first deal to supply Ryzen AI Pro chips to commercial PCs made by Dell Technologies, opening another channel for the chip designer to compete with Intel.
Nvidia Slides After Unveiling Leaves Investors Wanting More
Nvidia Corp. shares slid on Tuesday after a wide-ranging product presentation by Chief Executive Officer Jensen Huang failed to propel the artificial intelligence chipmaker to new heights.
Additional Microprocessors Decoded: Quick guide to what AMD is flinging out next for AI PCs, gamers, business
While Qualcomm chases the lower-end of the AI PC market, AMD is targeting the upper-end with its newly unveiled Ryzen AI Max 300 series, code-named Strix Halo, alongside additional Ryzen AI 300 series ...
AMD announces next-gen Radeon RX 9070-series GPUs with AI-powered FSR 4 upscaling
AMD is previewing its next generation of GPUs at CES today, based on its latest RDNA 4 architecture that includes AI-powered FidelityFX Super Resolution 4 (FSR 4) upscaling. The Radeon RX 9070 XT and Radeon RX 9070 will both be available in Q1 from a variety of video card manufacturers,
AMD announces ‘Fire Range’ and Ryzen AI Max, its most potent laptop chips yet
AMD promised eventual “mobile gaming dominance” back in 2022, and it feels like we’re getting closer every day. Today, the company is announcing not one, not two, but three different families of chips ...
Intel shows off its latest chip lineup at CES 2025
Fresh off of its worst year since going public in 1971, Intel is announcing new chips that it hopes will turn its fortunes around.
Opinion: Why Nvidia, MediaTek May Enter The PC CPU Market Soon
CRN explains how the fast-growing AI PC category and Microsoft’s desire to fend off the popularity of Apple’s Mac computers may have influenced Nvidia and MediaTek to develop CPUs for Windows PCs.
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million a year. For comparison, Anthropic is reportedly on pace to generate $1 ...
HostColor Rolls Out New AMD Bare Metal Server Options
Company announces new U.S. edge data center locations and service configurations for its AMD-based cloud and bare metal server infrastructure ...
AMD’s EPYC CPU Boss Seeks To Push Into SMB, Midmarket With Partners
In an interview with CRN, Dan McNamara, general manager of AMD’s server business unit, talks about how he’s ‘trying to do more and more’ with channel partners to grow EPYC CPU sales in the enterprise ...
Sony and AMD Team Up for AI-Powered Gaming Revolution
Sony and AMD, the technology partners behind the PlayStation 5, are deepening their collaboration to develop advanced AI-powered technology for gaming, reports The Verge. This new initiative, codenamed "Project Amethyst," aims to enhance game graphics and gameplay, potentially impacting future PlayStation consoles and beyond.
"We have begun
PlayStation and AMD are teaming up to infuse games with AI
Sony is furthering its partnership with AMD so they can create more AI-powered technology to make games look and play better — and not just on PlayStation hardware. The two companies are establishing ...
AMD backs $333M funding round for cloud infrastructure provider Vultr
Cloud infrastructure startup Vultr Inc. today disclosed that it has raised a $333 million funding round at a $3.5 billion valuation.
AMD may launch its most powerful integrated GPU ever — in a gaming tablet
In August, an Asus thermal engineer goofed by revealing the existence of possibly the most powerful tablet PC ever made — an Asus ROG Flow Z13 powered by an unannounced AMD “Strix Halo” chip, one ...
Cloud AI Startup Vultr Raises $333 Million at $3.5 Billion Valuation
Chip giant Advanced Micro Devices and hedge fund LuminArx Capital Management raised $333 million for a growth financing round for cloud startup Vultr, a sign of the hot demand for artificial ...
Liquid AI closes $250 million early-stage funding round led by AMD
Generative artificial intelligence startup Liquid AI said on Friday that it had closed a $250 million early-stage funding round led by chipmaker Advanced Micro Devices, which is also its strategic ...
Liquid AI raises $250M led by AMD to build a new type of generative AI model
the company has joined in a strategic partnership with AMD, strengthening Liquid’s ability to optimize its foundation models with the chipmaker’s graphics processing units, central processing units ...
Exclusive: Major cloud providers could get key role in AI chip access outside the US, sources say
In its latest jab at Beijing, the U.S. will empower companies like Google and Microsoft to act as gatekeepers worldwide for highly sought-after access to AI chips, two people familiar with the draft ...
Liquid AI just raised $250M to develop a more efficient type of AI model
Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD.
Leak: Lenovo’s larger Legion handheld adds OLED and keeps the detachable mouse
Earlier today, Evan Blass revealed an unannounced Lenovo Legion Go S handheld gaming PC with an extremely intriguing twist: a Steam button that suggests it could be the first third-party SteamOS ...
Nvidia, Intel And AMD Back Startup That Could Shake Up AI System Design
Ayar Labs said it has raised a $155 million funding round from Nvidia, Intel, AMD and other investors to scale its optical interconnect technology that could make large-scale AI systems faster, more ...
Nvidia, AMD and Intel Invest in Startup Bringing Light to Chips
Ayar Labs Inc., which specializes in using light to transfer data between chips, scored investment from the three biggest US semiconductor designers as the industry pursues more efficient AI ...
You can now try Microsoft’s Recall AI feature on Intel and AMD Copilot Plus PCs
Recall takes screenshots of almost everything you do on a Copilot Plus PC to make it searchable and easy to recall a memory or retrace your steps. Microsoft has made the AI experience entirely ...
US chips are 'no longer safe,' Chinese industry bodies say in latest trade salvo
Elon Musk's artificial intelligence startup xAI plans to expand its Memphis, Tennessee, supercomputer to house at least one million graphics processing units (GPUs), the Greater Memphis Chamber said ...
Akhetonics gets fresh funding for a contrarian bet on all-optical chips
Photonics -- a field that underpins light-based systems for manipulating data -- has a bright future, as the rise of AI demands better computing ...
Nvidia says its Blackwell AI chip is ‘full steam’ ahead
Nvidia has become the world’s most valuable company on the back of AI chips, passing Microsoft and Apple along the way, and in today’s Q3 2025 earnings, the company suggested its record AI revenue and ...
Microsoft unveils beefy custom AMD chip to crunch HPC workloads on Azure
In-house DPU and HSM silicon also shown off Ignite One of the advantages of being a megacorp is that you can customize the silicon that underpins your infrastructure, as Microsoft is demonstrating at ...
Microsoft to launch new custom chips for data processing, security
Microsoft's announcing chips to power workloads on Azure, including a hardware accelerator to offload and manage data processing tasks.
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
AMD to lay off 4% of workforce, or about 1,000 employees
AMD, a Santa Clara-based chipmaker, said on Wednesday that it will lay off 4% of its staff around the world, as the longtime CPU maker seeks to gain a stronger foothold in the growing AI chip space dominated by Nvidia.
AMD to cut around 1,000 jobs so it can double-down on AI opportunity
AMD is the world’s second-largest manufacturer of graphics processing units, also known as GPUs, which power the vast majority of AI workloads today. The company’s most advanced GPU is the Instinct-branded MI300X accelerator, which provides data center ...
AMD cuts 1,000 jobs to focus more on AI chips—and narrow Nvidia’s lead
The chipmaker is trying to grow by cutting jobs.
AMD to cut 4% of global workforce as it focuses on AI chip development
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia .
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
AMD unveils Versal Premium Series Gen 2 for data center workloads
Advanced Micro Devices announced its Versal Premium Series Gen 2 chip platform for data center customers doing AI processing and other work.