AMD Is Not Backing Down, Even If It’s Against Nvidia

AMD has unveiled the “Ryzen 8040” microchips designed to enhance AI applications by 60%. Set for integration into laptops and PCs from Q1 2024; these chips are anticipated to drive revenue and stock performance for AMD stock.

Additionally, AMD’s MI300X accelerator microchip, a competitor to Nvidia’s high-powered AI chips, is now available. Meta Platforms and Microsoft have already placed substantial orders for the MI300X chip for their AI models.

These are only some of the great things coming for AMD. Below, let’s discuss some news and updates from AMD stock that you should look at when buying into this semiconductor stock. $Advanced Micro Devices(AMD.US)$ $NVIDIA(NVDA.US)$