15 AI News Updates Worthy of Investor Attention

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

Market Capitalization: $240 Billion

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. On November 18, Barclays analyst Tom O’Malley discussed AMD as part of a larger note on the chip market, noting that orders for AMD’s MI300 and 325 AI accelerators recently up-ticked for the fourth quarter, but there is the expected sequential decline in the first quarter. He also noted that early signs for AMD’s Xilinx unit appear up double-digits year-over-year, but may be weaker to start the year.

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