AMD Aims to Ramp Up AI Chip Production for Release by Q4, Raises Q3 Forecast to $5.7 Billion
[ad_1] Advanced Micro Devices on Tuesday forecast a strong finish to the year, driven by the planned launch of artificial intelligence chips that could compete with Nvidia semiconductors. AMD shares rose about 3 percent in after-hours trading. CEO Lisa Su said AMD is set to ramp up production of its flagship MI300 artificial intelligence chips … Read more