Investors should get used to extreme competition in the artificial intelligence (AI) arena. According to analysts at Bank of America, artificial intelligence will add $15.7 trillion to the global economy by the end of this decade from both increased revenue opportunities and lowe
Tech stocks fell out of favor last year as an economic downturn caused steep declines in consumer spending. However, Wall Street has grown bullish about the industry again in 2023, with many companies' stocks on the rise. As a result, now is an excellent time to invest in an exci
Nvidia's (NASDAQ: NVDA) stock closed at its all-time high of $493.51 on Aug. 31, 2023, which represented a stunning 227% gain over its previous 12 months. The company's stock soared as the growth of the artificial intelligence (AI) market sparked brisk sales of its high-end data
Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundam
Advanced Micro Devices AMD is expanding its open AI software capabilities with the recently announced acquisition of Nod.ai, a provider of compiler-based automation software.The deal will add a vastly experienced team capable of d
The artificial intelligence (AI) arms race is a heated contest. On one side lies Big Tech. In particular, Microsoft and Alphabet have invested billions into large language models (LLMs) and other AI-powered applications. On the other side are integrators such as Cathie Wood favor
Investors have crowned Nvidia (NASDAQ: NVDA) king of the artificial intelligence (AI) industry. It's easy to see why: It supplies the lion's share of the semiconductors that power the most advanced AI applications.
Global PC shipments were down 9% year over year in the third quarter, according to Gartner, marking the eight consecutive quarter of decline. While the PC industry was riding high during the first 18 months of the pandemic as consumers and businesses snapped up new laptops, eleva
Semiconductor stocks have taken off in 2023 thanks to artificial intelligence (AI) as chips are playing a mission-critical role in the proliferation of this technology in multiple ways. This explains why the PHLX Semiconductor Sector index has recorded impressive gains of 37% so
Advanced Micro Devices (NASDAQ: AMD) investors are sitting on nice gains of 65% in 2023. The chipmaker has benefited from a combination of the broader surge in semiconductor stocks and a turnaround in its fortunes following a difficult first half of the year.
Much of the artificial intelligence enthusiasm has settled on Nvidia (NASDAQ: NVDA) stock, and for good reason. Nvidia is the outright leader in AI GPUs needed for the massive parallel processing of AI models.
Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD) mostly operate in different areas of the tech market, with one dominating consumer products and the other a leading chipmaker. These companies have some similarities, with Apple venturing into chip production in 2020 a
In today's video, I discuss recent updates impacting Advanced Micro Devices (NASDAQ: AMD), Micron Technology (NASDAQ: MU), Qualcomm (NASDAQ: QCOM), Intel (NASDAQ: INTC), and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click th
(RTTNews) - Advanced Micro Devices, Inc. (AMD) announced on Tuesday its intention to acquire Nod.ai, which delivers optimized AI solutions to top hyper scalers, enterprises, and startups, to expand the company's capacity for open AI software development.
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT). Check out the short video to learn more, consider subscribing, and click the special offer link below.
For Immediate ReleaseChicago, IL – October 10, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fi