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Could This Be a Massive Win for Advanced Micro Devices' Upcoming AI Chip?

AMD has reportedly received an order from a big cloud service provider for the MI300, its AI accelerator.

By Jose Najarro – Oct 25, 2023 at 9:04AM EST

In today's video, I discuss recent updates impacting Advanced Micro Devices (AMD 1.30%) and its upcoming MI300 data center chip. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Oct. 24, 2023. The video was published on Oct. 24, 2023.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Jose Najarro has positions in Advanced Micro Devices and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Oracle. The Motley Fool recommends International Business Machines. 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.

Stocks Mentioned

Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$199.45
(-1.30%)-$2.62
International Business Machines Stock Quote
International Business Machines
NYSE: IBM
$256.92
(+2.74%)+$6.86
Oracle Stock Quote
Oracle
NYSE: ORCL
$154.87
(+1.64%)+$2.50
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$183.23
(+0.10%)+$0.19

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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