AMD rose about 2.8% and appointed former Nvidia executive as senior vice president of global artificial intelligence market.

AMD $Advanced Micro Devices (AMD.US)$ rose about 2.8% to $140.76. On the news, before AMD's appointment $NVIDIA (NVDA.US)$ Executive Keith Strier serves as senior vice president of global artificial intelligence markets. Strier will be responsible for expanding the company's AI vision.