Advanced Micro Devices (AMD), founded in 1969, is a privately owned semiconductor manufacturer headquartered in the United States. Employing approximately 25,200 people, the company designs and produces high-performance computing, graphics, and visualization technologies.
Intel and Nvidia announced a $5 billion partnership on Thursday to develop AI and PC chips. This collaboration involves jointly developing multiple generations of custom products for enterprise, hyperscale, and consumer segments. AMD shares fell 5% following this announcement. Separately, Bank of America noted that AMD has been strengthening its position in the AI market, with the MI325X accelerator entering mass production and the MI350 slated for later in 2025, alongside a new AI server plan for 2026. Analysts also issued new ratings for AMD.
Subscribe for full access to AMD's products in full detail
Subscribe for full access to AMD's revenue in full detail
Subscribe for full access to AMD's products in full detail 
