From Nasdaq: 2025-06-19 06:15:00

Advanced Micro Devices (AMD) stock surged over 8% following analyst upgrades and positive takeaways from the Advancing AI event. AMD unveiled the MI350 series accelerators offering 4x better AI compute performance. Recent acquisitions and partnerships, including a $10 billion deal with Humain, are boosting AMD’s position in the AI market. The company’s open-source software stack could challenge Nvidia’s dominance. However, competition from major cloud providers remains a risk.



Read more at Nasdaq: Is The AMD Stock Rally Warranted?