Why AMD Stock Surged Today
AMD(AMD) The Motley Fool·2024-10-29 21:32A new report about OpenAI's hardware strategy just powered significant gains for AMD stock.Advanced Micro Devices (AMD 3.96%) stock surged in Tuesday's trading. The company's share price closed out the day's trading up 4% and had been up as much as 4.7% earlier in the session.Reuters published a report today detailing elements of OpenAI's strategy when it comes to the use of hardware for artificial intelligence (AI). While most of the report was concentrated on the company's efforts to design a new AI chip ...