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Markets · Investing · Business
Finance
Why AMD Stock Jumped Today
The semiconductor specialist's new AI systems will help power a leading cloud computing platform.
Shares of Advanced Micro Devices (NASDAQ: AMD) climbed on Tuesday after the chipmaker expanded its partnership with Microsoft(NASDAQ: MSFT).
Image source: The Motley Fool.
As part of their collaboration, Microsoft will deploy AMD's new Helios rack-scale systems on its Azure cloud computing platform to power artificial intelligence (AI) inference workloads for its customers.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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