Advanced Micro Devices, Inc (NASDAQ:AMD), has hired Keith Strier of Nvidia Corp (NASDAQ:NVDA) as senior vice president of global artificial intelligence markets.
Strier will lead AMD's AI vision, driving new ecosystem capabilities and accelerating strategic AI engagements globally across public and private sectors.
He recently served as vice president of worldwide AI initiatives at Nvidia, where he was responsible for expanding commercial engagements with foreign governments.
Also Read: Microsoft's AI PCs Stumble With Game Compatibility: Report
Nvidia's rival AMD remains engaged in gaining market share through plans to acquire AI server company ZT Systems for $4.9 billion.
At the same time, it grappled with its Ryzen 9000 series sales, as analysts, including Oppenheimer's Rick Schafer, Truist Securities' William Stein, and Wedbush Securities' Matt Bryson, tout Nvidia as the critical AI play.
Microsoft Corp's (NASDAQ:MSFT) new Windows AI features will arrive on some AMD and Intel Corp (NASDAQ:INTC) laptops in November, the Verge reports.
JPMorgan analyst Harlan Sur expects AMD to grow data center GPU revenue by $5 billion in fiscal 2024, backed by server and PC CPU market share wins.
AMD stock gained 24% in the last 12 months versus Nvidia's 123%.
Investors can gain exposure to AMD through Vanguard Information Tech ETF (NYSE:VGT) and iShares Semiconductor ETF (NASDAQ:SOXX).
Price Action: AMD stock is up 2.49% at $140.35 premarket at last check Wednesday.
超微半导体公司 (NASDAQ:AMD) 已聘请英伟达公司 (NASDAQ:NVDA) 的 Keith Strier 担任全球人工智能市场高级副总裁。
Strier 将领导 AMD 的人工智能愿景,推动新的生态系统能力,加快全球公共和私营部门的战略人工智能参与。
他最近在英伟达担任全球人工智能计划副总裁,负责扩大与外国政府的商业合作。
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英伟达的竞争对手AMD仍在通过计划以49亿美元收购人工智能服务器公司Zt Systems来增加市场份额。
同时,该公司努力解决其锐龙9000系列的销售问题,包括奥本海默的里克·谢弗、Truist Securities的威廉·斯坦和Wedbush Securities的马特·布赖森在内的分析师将英伟达吹捧为关键的人工智能公司。
Verge报道,微软公司(纳斯达克股票代码:MSFT)的新Windows AI功能将于11月在AMD和英特尔公司(纳斯达克股票代码:INTC)的部分笔记本电脑上市。
摩根大通分析师哈兰·苏尔预计,在服务器和个人电脑CPU市场份额的胜出支持下,AMD将在2024财年将数据中心GPU收入增长50亿美元。
在过去的12个月中,AMD的股票上涨了24%,而英伟达的股价上涨了123%。
投资者可以通过Vanguard Information Tech ETF(纽约证券交易所代码:VGT)和iShares Semiconductor ETF(纳斯达克股票代码:SOXX)获得对AMD的敞口。
价格走势:在周三的最后一次盘前检查中,AMD股价上涨2.49%,至140.35美元。