Is AMD Trying to Mimic Nvidia's Success in Artificial Intelligence?

By Jose Najarro – May 3, 2023 at 5:31PM

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$259B

Today's Change

(1.96%) $3.14

Current Price

$163.46

Price as of April 16, 2024, 4:00 p.m. ET

Advanced Micro Devices announced the creation of an AI team to help improve software capabilities.

Advanced Micro Devices (AMD 1.96%) has announced numerous AI and data center market updates. One of the updates is to improve its focus on software, a move that has helped Nvidia (NVDA 1.64%) hold the crown in the AI market. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of May 3, 2023. The video was published on May 3, 2023.

Jose Najarro has positions in Advanced Micro Devices and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy.

Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.