Advanced Micro Devices, Inc (NASDAQ:AMD) shares were trading lower on Thursday in the premarket session in sympathy with Micron Technology Inc (NASDAQ:MU) after the company reported third-quarter financial results Wednesday.
The stock has recovered from the losses in the regular trading session on Thursday.
Meanwhile, AMD is set to introduce a new technology that promises to enhance the gaming experience by significantly reducing download times.
The Neural Texture Block Compression system, harnessing the power of artificial intelligence, will be showcased at the upcoming Eurographics Symposium on Rendering in London this July.
Also Read: Nvidia Dominates GPU Market as Generative AI Adoption Grows, Analyst Says
This development comes at a busy time for AMD, with the expected release of the first Zen 5 CPUs in July 2024.
AMD emphasizes AI, rebranding its laptop gaming CPUs under the AMD AI moniker, similar to its competitor Nvidia Corp (NASDAQ:NVDA). Despite this focus, AMD acknowledges the strides needed to match Nvidia's prowess in AI.
A statement from the AMD GPUOpen platform highlighted the universal disdain for lengthy game downloads, asserting that their novel AI-driven compression technique will substantially reduce data sizes. Nvidia previously explored a similar concept.
AMD stock gained 43% in the last 12 months. Investors can gain exposure to the stock via Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), and SPDR S&P 500 (NYSE:SPY).
Price Actions: AMD shares were trading higher by 0.48% at $158.30 at the last check on Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
同時に、AMDはダウンロード時間を大幅に短縮することを約束する新しいテクノロジーを紹介する予定です。その人工知能を活用した「Neural Texture Block Compression system」は、7月に開催される「Eurographics Symposium on Rendering in London」で発表されます。
エンハンスドなゲーミング体験を約束する新しいテクノロジーを導入するために、AMDは人工知能の力を借りた「Neural Texture Block Compression system」を今夏の「Eurographics Symposium on Rendering in London」で披露します。
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オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会（ASIC）の管理を受けております（AFSL No. 224663）。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。
