CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Cryptopolitan 2024-01-31 03:55:23

AMD Projects Strong Demand for AI Chips, Stock Dips in Response

In a pivotal update for the tech industry, chipmaker Advanced Micro Devices (AMD) unveiled forecasts indicating a surge in demand for its artificial intelligence (AI) processors. While the projections for first-quarter revenue fell short of Wall Street estimates, the outlook for AI chip sales remains promising. As businesses increasingly prioritize the development of generative AI

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.