AMD Investors Should Be Excited About These 3 Things

By Jose Najarro – May 28, 2022 at 10:00AM

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$246B

Today's Change

(1.45%) $2.21

Current Price

$154.48

Price as of April 24, 2024, 10:13 a.m. ET

Big tech continues to adopt AMD's products.

Today's video focuses on Advanced Micro Devices (AMD 1.45%) and three recent announcements investors should watch. First is the completion of the Pensando acquisition. The second is that Microsoft (MSFT 0.55%) is the first cloud provider to publicly adopt the MI200, AMD's newest server GPU. The third has to do with Google (GOOGL -0.34%) (GOOG -0.31%) increasing its adoption of AMD's Epyc processor.

*Stock prices used were the market prices of May 27, 2022. The video was published on May 27, 2022.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Advanced Micro Devices, Alphabet (C shares), and Microsoft. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet (A shares), Alphabet (C shares), and Microsoft. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.