AMD plans to buy an AI start-up called Nod.ai as part of an effort to bolster its software capabilities.
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The US has expanded its restriction of exports of sophisticated artificial intelligence chips to the Middle East.
Intel said the new data centre chip will handle more than double the amount of computing work for each watt of power used.
There’s a scramble among the world’s biggest technology companies to snap up shares in ARM Holdings.
ARM has disclosed the paperwork for an initial public offering that is expected to be the largest of the year.
Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much?
AMD has topped second-quarter estimates and said it was making further inroads in artificial intelligence computing.
AI chips from AMD are about 80% as fast as those from Nvidia, with a path to matching their performance, a report has found.
The Windows software maker rose as much as 1.9% to $343.84 on Thursday, above its record high set in 2021.
Amazon Web Services is considering using new artificial intelligence chips from AMD, an AWS executive said.