Advanced Micro Devices, Inc. (NASDAQ:AMD): A Chip Stock Powering The AI Boom

By Yahoo! Finance | Sep 17, 2024 at 01:03 PM EST

The semiconductor market is booming due to AI advancements, with NVIDIA leading in AI-related chip sales. Demand for specialized chips like GPUs and TPUs is increasing as AI applications grow. Despite market volatility, AMD's acquisition of Xilinx has strengthened its position in AI chips.

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