AMD earnings are around the corner: This number could be the ‘swing factor’

by | Jan 29, 2024 | Stock Market

Nvidia Corp. dominates the market for chips used to power the artificial-intelligence frenzy, but Advanced Micro Devices Inc. is jockeying for a bigger piece of that pie. The company got an endorsement of sorts late Friday from a high-profile figure, as Tesla Inc. Chief Executive Elon Musk followed up to a post about his Nvidia
NVDA,
+0.70%
spending plans for this year by sharing that the company also had plans to buy chips from AMD
AMD,
-0.79%.

In gen …

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[mwai_chat context=”Let’s have a discussion about this article:nnNvidia Corp. dominates the market for chips used to power the artificial-intelligence frenzy, but Advanced Micro Devices Inc. is jockeying for a bigger piece of that pie. The company got an endorsement of sorts late Friday from a high-profile figure, as Tesla Inc. Chief Executive Elon Musk followed up to a post about his Nvidia
NVDA,
+0.70%
spending plans for this year by sharing that the company also had plans to buy chips from AMD
AMD,
-0.79%.

In gen …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]

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