AMD Stock Slides. Are There Cracks in the AI Infrastructure Story?
AMD(AMD) The Motley Fool·2024-11-03 10:55The chip designer has found a niche with AI inference.When it comes to chips for artificial intelligence (AI), Advanced Micro Devices (AMD -1.53%) continues to play second fiddle to leader Nvidia. However, it still benefits from the overall AI infrastructure build-out, as customers look to at least keep Nvidia (NVDA 1.99%) honest by getting some of their chips elsewhere.While AMD put up strong AI-related growth, investors nonetheless sold off the stock. The shares now trade just in positive territory on the ...