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.
超微半導體公司 (NASDAQ:AMD) 已聘請英偉達公司 (NASDAQ:NVDA) 的 Keith Strier 擔任全球人工智能市場高級副總裁。
Strier 將領導 AMD 的人工智能願景,推動新的生態系統能力,加快全球公共和私營部門的戰略人工智能參與。
他最近在英偉達擔任全球人工智能計劃副總裁,負責擴大與外國政府的商業合作。
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英偉達的競爭對手AMD仍在通過計劃以49億美元收購人工智能服務器公司Zt Systems來增加市場份額。
同時,該公司努力解決其銳龍9000系列的銷售問題,包括奧本海默的裏克·謝弗、Truist Securities的威廉·斯坦和Wedbush Securities的馬特·布賴森在內的分析師將英偉達吹捧爲關鍵的人工智能公司。
Verge報道,微軟公司(納斯達克股票代碼:MSFT)的新Windows AI功能將於11月在AMD和英特爾公司(納斯達克股票代碼:INTC)的部分筆記本電腦上市。
摩根大通分析師哈蘭·蘇爾預計,在服務器和個人電腦CPU市場份額的勝出支持下,AMD將在2024財年將數據中心GPU收入增長50億美元。
在過去的12個月中,AMD的股票上漲了24%,而英偉達的股價上漲了123%。
投資者可以通過Vanguard Information Tech ETF(紐約證券交易所代碼:VGT)和iShares Semiconductor ETF(納斯達克股票代碼:SOXX)獲得對AMD的敞口。
價格走勢:在週三的最後一次盤前檢查中,AMD股價上漲2.49%,至140.35美元。