AMD's biggest problem is a massive opportunity

AMD has its work cut out for it, but the payoff could be huge if it succeeds.

Oct 29, 2024 - 23:30
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AMD's biggest problem is a massive opportunity

Advanced Micro Devices' prospects within the short-developing marketplace for AI technologies are center stage because the corporate's latest earnings update resets expectations.

AMD, which is hoping that its new lineup of faster and more efficient AI chips will lend a hand it close the gap on market leader Nvidia (NVDA) , has outperformed the broader market because it boosted its full-year profit forecast in late July, rising 15.5% against a 6.three% advance for the Nasdaq benchmark.

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