Advanced Micro Devices (AMD)
Advanced Micro Devices (AMD) is a global semiconductor company specializing in the design and manufacturing of computer processors, graphics cards, and related technologies. Founded in 1969, AMD is known for its innovative CPU and GPU products that serve consumers, data centers, and gaming markets. The company competes with industry giants and is recognized for its advancements in high-performance computing and graphics solutions.
Company News
Taiwan Semiconductor Manufacturing Company (TSMC) reported record quarterly earnings driven by AI chip demand, with revenue up 34% year-over-year and net income climbing 42%. The company is expanding globally and positioning itself as a critical infrastructure provider for AI computing.
Astera Labs stock plunged approximately 20.4% this week following AI-related partnership deals between AMD-Oracle and Nvidia-Intel, raising investor concerns about potential increased competition in data center networking technologies.
Oracle Cloud Infrastructure announced plans to deploy 50,000 AMD Instinct MI450 AI processors in the second half of 2026, signaling a potential shift away from Nvidia's GPU dominance in the AI market.
ASUS introduces ExpertCenter P700 series business desktops featuring AI-powered performance, advanced cooling, intelligent collaboration tools, and enterprise-grade security, targeting professional creators and small businesses.
