15 AI News Updates Wall Street Is Monitoring

Page 8 of 15

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

Market Capitalization: $240 Billion

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. Latest reports from tech website PC Guide indicate that the AI-capable AMD CPUs are topping best seller charts on ecommerce platform Amazon. Processors from AMD rival Intel, meanwhile, have failed to make the top ten best-selling processors list. Businesses also prefer AMD over Intel. On November 14, portable gaming console firm Ayaneo announced that the latest console from the firm was going to be powered by the AMD Ryzen AI 9 HX 370 processor.

Page 8 of 15