Advanced Micro Devices (AMD) stock has risen by 62.8% over the course of 21 trading days. The gains are driven in part by the company’s major deal with ChatGPT maker OpenAI, to supply tens of thousands of its GPU chips for 6 gigawatts of computing capacity over the next five years.

AMD downgraded to Hold as overvaluation caps upside before Q3 earnings. Explore risks, opportunities, and expert analysis.

This is actually AMD’s second rebranding for the Rembrandt-R silicon, which was launched as the Ryzen 6000 series in 2022. These chips will compete most directly with Intel’s non-Ultra Core 100 series processors, most of which use 2022-vintage Raptor Lake silicon.

Vivek Arya, semiconductor analyst at Bank of America Securities, joins 'Closing Bell Overtime' to discuss the rise in semiconductor stocks amid the AI hype, Nvidia's second GTC conference, and more.

AMD’s flagship Instinct MI350 chips, developed on the CDNA 4 architecture, aim to deliver up to four times more AI compute along with 35 times faster inference compared to their predecessors.

Advanced Micro Devices (NASDAQ:AMD) stock is having a pretty easy time outperforming Nvidia (NASDAQ:NVDA) so far this year, with an impressive 95% gain year to date versus just 31% for NVDA stock. Indeed,

AMD will reportedly construct two supercomputers to aid the US Department of Energy in nuclear, health and national security concerns.

AMD will power the next-generation Discovery supercomputer at Oak Ridge National Labs, partnering with the US Department of Energy, ready in early 2026.

The U.S. Department of Energy has entered into a $1 billion partnership with Advanced Micro Devices (AMD) to construct two supercomputers. The supercomputers' primary purpose is to solve large-scale scientific problems, ranging from nuclear power to cancer treatments to national security.