Advanced Micro Devices (AMD) has been drawing significant attention from investors with major highlights including workforce alignment towards AI and data center focus, AMD’s substantial gains in the PC market share over Intel, and groundbreaking benchmarks showcasing the Ryzen AI’s 75% faster performance. Despite some stock downturns and high-demand-related shortages of its Ryzen 7 9800X3D CPU in the UK and US, the company continues to be viewed as a strong runner in the Metaverse stocks. AMD is targeting a $500 billion AI server market by 2028, and has announced a reshuffle aiming towards AI and data center emphasis. However, this strategic shift involves cutting 4% of its global workforce. The intention of transforming into a serious competitor in the AI chip market is clear, as seen from the launch of the Versal Premium Series Gen 2 SoC, optimizing real-time processing for AI and data centers. Despite stock position cuts by various investors, others like Citi are confident about the semiconductor market bouncing back with a 9% growth rate by 2025.
Advanced Micro Devices AMD News Analytics from Fri, 18 Oct 2024 07:00:00 GMT to Sat, 16 Nov 2024 23:29:40 GMT -
Rating 2
- Innovation 6
- Information 8
- Rumor -2
