AMD-AI Race Intensifies: Major Acquisition Shakes Up the Market

Advanced Micro Devices TodayAMDAdvanced Micro Devices $181.42 -0.19 (-0.10%) 52-Week Range$ 93.11▼ $227.30P/E Ratio266.80Price Target$ 191.00Add to WatchlistFabless semiconductor developer Advanced Micro Devices Inc. NASDAQ: AMD stock had been largely unresponsive during the artificial intelligence (AI) boom as its shares peaked at $227.30 on March 8, 2024. On the other hand, rival NVIDIA Co. NASDAQ: NVDA has taken all the spotlight, hitting all-time highs and rocketing 36%. The market made its verdict, casting ...