15 AI News Investors Should Not Miss

5. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Number of Hedge Fund Holders: 108

Advanced Micro Devices, Inc. (NASDAQ:AMD) is an American multinational corporation known for designing and developing computer processors and graphics technologies. By incorporating technology across CPUs, GPUs, and NPUs, it strives to create a strong ecosystem that supports the development of powerful AI applications.

On October 30, AMD Staff published a whitepaper claiming that its Ryzen AI 9 HX 375 processor can outshine Intel Core Ultra 7 258v processor in throughput and latency for AI workloads. The company claims that Ryzen™ AI 9 HX 375 processor achieves up to 27% faster performance than its competition when looking at tokens per second, which is a key metric for LLM performance. Another benchmark proving AMD’s processor superiority is its “time to first token”. The time to first token measures the latency between the moment you submit a prompt and the time it takes for the model to start generating tokens. As per the company, the AMD Ryzen™ AI HX 375 processor is up to 3.5x faster than a comparable competitor in larger language models.