AMD shares are trading higher following a report suggesting Microsoft is planning to introduce AMD-powered AI chips.
Portfolio Pulse from Benzinga Newsdesk
AMD shares are trading higher following a report suggesting Microsoft is planning to introduce AMD-powered AI chips.
May 17, 2024 | 12:26 pm
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AMD shares are trading higher due to a report that Microsoft plans to introduce AMD-powered AI chips.
The report suggests a significant partnership between AMD and Microsoft, which could boost AMD's market position in AI technology, leading to a positive short-term impact on AMD's stock price.
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IMPORTANCE 90
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