AI Summary
AMD's stock rose approximately 4% following an announcement of an expanded artificial intelligence partnership with Microsoft, bolstering the chipmaker's presence in the competitive AI market. The deal represents a significant win for AMD as it secures a larger role supplying AI processors to one of the world's largest technology companies.
This article first appeared on GuruFocus.Advanced Micro Devices (NASDAQ:AMD) shares climbed about 4% on Monday after the chipmaker expanded its artificial intelligence partnership with Microsoft (NASDAQ:MSFT), strengthening its position in the fast-growing AI infrastructure…
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