AMD's stock pops after Microsoft tech chief touts chipmaker's AI products
Publishing timestamp: 2023-09-28 16:02:58
Summary
Microsoft's Chief Technology Officer, Kevin Scott, stated that AMD's graphics cards will become more important in the coming years, particularly in the field of artificial intelligence. AMD is working to catch up to Nvidia, which currently dominates the AI chip market. The article highlights the long-standing partnership between Microsoft and AMD, and the potential for AMD's GPUs to be adopted at scale.
Sentiment: POSITIVE
Tickers: AMD, AMZN, NVDA, GOOGL, MSFT,
Keywords: business, alphabet inc, nvidia corp, microsoft corp, business news, breaking news: technology, enterprise, technology, advanced micro devices inc, amazon.com inc,
Source: https://www.cnbc.com/2023/09/28/amd-stock-pops-after-microsoft-cto-touts-chipmakers-ai-products.html