Advanced Micro Devices Inc (Extended Hours)Advanced Micro Devices Inc (Extended Hours)Advanced Micro Devices Inc (Extended Hours)

Advanced Micro Devices Inc (Extended Hours)

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AMD shares dropped 4.00% to $164.18 following its 'Advancing AI 2024' event, where it revealed new high-performance computing solutions, signaling some investor disappointment during the keynote.
AMD CEO Lisa Su stated the company will only partner with TSMC for advanced manufacturing, especially for AI chips, emphasizing the strong utilization of TSMC's Arizona facility for production.
Advanced Micro Devices Inc. was reported to be down 1.2% in morning trading, indicating a decline in its stock performance compared to other chip makers.
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