AMD forecasts $45 billion AI chip market this year, $2 billion in sales in 2024
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AMD rises as analysts weigh in positively on performance of new flagship AI chip
December 7, 2023 8:13 AM ESTAMD (NASDAQ: AMD) stock witnessed buying activity in early Thursday trade following the chipmaker's introduction of new accelerator chips targeted at competing in the lucrative artificial intelligence (AI) market, where Nvidia (NASDAQ: NVDA) currently dominates.
The company highlights its capability to execute AI software more efficiently than comparable products from... More
