— 156 of the Top500 supercomputers are powered by AMD, a 29 percent year-over-year increase — — New AMD Alveo V80 compute accelerator card targeting HPC and compute-intensive workloads, with up to 2X increase in HBM bandwidth, now shipping — SANTA CLARA, Calif., May 13, 2024 (GLOBE NEWSWIRE) — Today, AMD (NASDAQ: AMD) showcased its …
(Reuters) -Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday after their earnings disappointed investors, who had piled into the sector on hopes rising AI investments would boost demand. AMD was down 5.4% and is on course to lose more than $13 billion in market value. Its forecast of …
Artificial intelligence (AI) has been dominating the news cycle as a technological arms race has kicked into high gear. Microsoft (NASDAQ: MSFT) led the pack early with its investment in AI pioneer OpenAI, but Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), Meta (NASDAQ: META), and the rest of big tech have all made their own forays into …
In this article, we discuss the 13 best machine learning stocks to invest in. To skip the detailed analysis of the machine learning industry, go directly to the 5 Best Machine Learning Stocks To Invest In. The concepts of machine learning (ML) and artificial intelligence (AI) are often used interchangeably. However, that is not the …
One of the biggest catalysts propelling the market higher over the past year or so has been the advent of artificial intelligence (AI). Businesses and market watchers alike agree that the potential for productivity increases could boost profits, benefiting enterprises and shareholders alike. Investors are also waiting on the edge of their seats for insight …
In this article, we will discuss the 20 most used artificial intelligence (AI) platforms of 2024. This article will focus on recent industry trends and the companies benefitting the most from the artificial intelligence (AI) industry. If you want to skip our analysis, you can proceed to the section highlighting the 5 Most Used Artificial …
Sure, Nvidia is on fire. Its stock is up an eye-popping 1,980% over the last 5 years — meaning a $10,000 investment in 2019 would be worth a staggering $208,000 today. But as the saying goes, past performance is no guarantee of future results. So let’s consider some alternatives to the king of AI stocks. …
Advanced Micro Devices (NASDAQ: AMD) stock slipped in Tuesday’s trading. The semiconductor company’s share price closed out the daily session down 4.8%, according to data from S&P Global Market Intelligence. Nvidia, its chief rival in the graphics processing unit (GPU) space, actually gained 1.1% in the session. There wasn’t any business-specific news that dragged AMD …
Perhaps the biggest business powering the markets right now is artificial intelligence (AI). It seems that every software developer is eager to cash in on AI euphoria, and technology stocks are reaping the benefits. As the S&P 500 and Nasdaq Composite trade at record levels, my eyes have been on one stock in particular. The …
Demand for artificial intelligence (AI) solutions is set to skyrocket in the coming years. The global AI market will exceed a staggering $1.8 trillion by 2030, according to Statista. Image source: Statista. The businesses that supply the products and services that fuel the AI megatrend are likely to see their profits soar. Here are two …