Is Advanced Micro Devices Inc. (AMD) the Best Technology Stock to Invest In for the Long Term
We recently compiled a list of the 12 Best Technology Stocks to Invest In for the Long Term. In this article, we are going to take a look at where Advanced Micro Devices Inc. (NASDAQ:AMD) stands against the other technology stocks.
Why Advanced Micro Devices (AMD) Could Outperform Nvidia in 2025
Nvidia (NVDA) was the big winner in the AI space during 2024 as it solidified its lead in GPUs, which led to a 185% stock rally. Meanwhile,
Absci Stock Jumps As AMD Invests $20M To Boost AI Drug Discovery
AI drug creation company Absci Corporation (NASDAQ:ABSI) shares are trading higher in premarket on Wednesday after the company entered into a strategic collaboration with Advanced Micro Devices Inc (NASDAQ:AMD) to enhance its AI drug discovery capabilities.
Where Will Advanced Micro Devices Be in 1 Year?
Artificial intelligence (AI) has been the driving force behind the growth of many tech companies lately. With AI infrastructure spending ramping up, Advanced Micro Devices ( AMD 0.10%) has benefited from tech giants investing in advanced processors.
Absci Shares Rise 27% on Report of $20 Mln Investment from Advanced Micro Devices
Shares of Absci on Wednesday jumped following a report on a $20 million investment from Advanced Micro Devices. The stock was up 27% to $3.89 in pre-market trading. Through Tuesday's close, shares have fallen 25% over the past 12 months.
AMD invests $20M in AI-powered drug discovery company Absci
AMD will also partner with the company to support its research efforts. Absci launched in 2011 to develop proteins with therapeutic applications. In 2018, the company debuted a system called SoluPro that uses bacteria cells to manufacture such proteins.
Advanced Micro Devices, Inc. (AMD) Partners with Dell to Power New Pro Devices with Ryzen AI PRO Processors for Enhanced Business Productivity
We recently compiled a list of the 14 AI Stocks Making Waves on Wall Street. In this article, we are going to take a look at ...
2 No-Brainer AI Stocks to Buy Right Now
According to Yahoo! Finance, analysts' estimates call for earnings to be up 25% in 2024 and another 54% in 2025. Given this, ...
AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.
Only Room For The Best Or Cheapest, And AMD Is Neither: Downgrading To Sell
Advanced Micro Devices lags Nvidia in AI design wins, prompting a downgrade to sell. See why AMD stock faces little room to ...
AMD Stock Slumps After Double Downgrade by HSBC on AI Revenue Concerns
Advanced Micro Devices shares fell Wednesday after HSBC analysts gave the stock a double downgrade, citing concerns about its artificial intelligence revenue.
Biden administration planning new AI chip export limits that would hit Nvidia, report says
The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit ...
Netherlands Is Holding Talks With Nvidia on Dutch AI Facility
The Dutch government said it is holding talks with Nvidia Corp and Advanced Micro Devices Inc. regarding support for the ...