Nvidia is set to release its Q3 earnings report this Wednesday, which will likely impact rival tech stocks like AMD. Advanced Micro Devices, Inc. is a popular competitor to Nvidia in the AI business, also making chip technology. However, following its own Q3 earnings report earlier this month, AMD stock took a tumble. With its…
November 15, 2024 at 01:23 AM GST updated: November 14, 2024 at 01:36 PM 3 mins read News Nvidia’s acquisition of OctoAI enhances its AI stack with a hardware-agnostic layer for model deployment and scaling across diverse platforms. AMD’s acquisition of Silo AI bolsters its platform with scalable language models, tailored for enterprise clients in…
With a Q3 earnings report that underwhelmed in some facets, Advanced Micro Devices (AMD) fell as much as 13% in the last two days, although it hasn’t stopped experts from projecting the company to eventually compete with Nvidia (NVDA). Indeed, the company has increased more than 175% in the last year and has been one…
CNBC’s Jim Cramer believes that potential rate cuts next week and possibly again in December provide a “bullish backdrop” for the overall stock market. The market this week was overall a tick down in the past week, but in the past month, the Nasdaq outperformed the S&P and Dow Jones Index. Cramer on Friday morning…
Advanced Micro Devices, Inc. (Nasdaq: AMD) has surged nearly 63% in a year. The returns have been steady, but the decline in August stunted its price, leading to a gradual slowdown. AMD stock is currently trading at the $156 mark and surged by close to 1.85% on Friday’s closing bell. Also Read: Local Currency That…