15 AI News Updates That Investors Are Watching

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

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. On November 28, Advantech, a firm that provides embedded computing solutions, announced that it would be launching new x86 series platforms featuring AMD EPYC and Ryzen processors for edge, security, and cloud applications. The AMD processors offer up to 128 cores, enhancing performance for AI and data-intensive tasks. The SKY series servers of the former are designed for AI, cloud, and edge computing, utilizing AMD EPYC processors for high performance.

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