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AMD Seeks to Boost Artificial Intelligence (AI) Chip Capacity in 2024 -- Should Nvidia Investors Be Worried?

Advanced Micro Devices is reportedly looking for other CoWoS packaging providers to help increase the number of AI chips it can bring to the market in 2024.

By Jose Najarro – Jan 5, 2024 at 5:32PM EST

In today's video, I discuss recent updates impacting Advanced Micro Devices (AMD 2.10%). 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 Jan. 4, 2024. The video was published on Jan. 5, 2024.

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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.
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X@_JoseNajarro

Jose Najarro has positions in Advanced Micro Devices, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Taiwan Semiconductor Manufacturing. 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
$193.70
(-2.04%)-$4.04
Taiwan Semiconductor Manufacturing Stock Quote
Taiwan Semiconductor Manufacturing
NYSE: TSM
$339.47
(+0.82%)+$2.76
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$181.72
(-0.78%)-$1.43
Ase Technology Stock Quote
Ase Technology
NYSE: ASX
$21.58
(+2.81%)+$0.59
Amkor Technology Stock Quote
Amkor Technology
NASDAQ: AMKR
$43.14
(+4.53%)+$1.87

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

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