News Summary:
AMD released its AMD Ross agentic AI assistant on October 9, 2026, purpose-built for embedded systems developers to accelerate the full development lifecycle, from initial hardware design through to software development debugging, AI implementation, and deployment. Earlier the same day, President Donald Trump presented AMD CEO Lisa Su with the National Medal of Science during a ceremony on October 8, 2026, recognizing her contributions to science, engineering, and technological innovation alongside other leaders including SpaceX CEO Elon Musk, Google co-founder Sergey Brin, and Nvidia CEO Jensen Huang. This follows AMD's fiscal Q2 2026 report, which saw its Data Center revenue more than double, increasing 107% to $6.7 billion, a segment that now makes up 58% of the company's sales, driven by EPYC processors for servers, Instinct GPUs for AI, and Ryzen chips for PCs. Prior to these developments, on October 9, 2026, Cathie Wood's ARK Investment Management trimmed its holdings in Advanced Micro Devices Inc., among other major technology holdings, as the semiconductor company competes for a larger share of the AI computing market.
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