AMD says it will sell $4 billion in AI chips this year, stock drops on in-line forecast

CNBC

AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.

The Stock Market News

The Stock Market News is a financial news aggregator for traders and investors that proposes to you the latest breaking news headlines on global economy and business, trading analysis, opinions and forecasts on current stock market, currencies (Forex), cryptocurrency, commodities futures, ETFs & funds, bonds & rates and much more. The Stock Market News works with public RSS feeds of the best business, finance and economic news websites, personal blogs providing automatically generated list of financial news links referring to its sources. Disclaimer: By using any material of this website, you acknowledge and agree that The Stock Market News is not responsible for the content, actions or any legal issues arising from third-party websites; materials of this website are not financial advice or call to actions. Trading and investing in financial instruments involve high risks including the risk of investment loss.