Is AMD's Latest Deal a Game-Changer?
AMDAMD(AMD) The Motley Fool·2024-07-20 18:00

The chipmaker acquired an artificial intelligence lab in Europe for 665million.Whenitcomestoinvestinginsemiconductorstocks,Nvidiaisthetopnamethatcomestomind.However,whilethecompany′sH100,A100,andBlackwellgraphicsprocessingunits(GPU)remaininhighdemand,itfacesitsshareofchallengers.AdvancedMicroDevices(AMD−2.69665 million.When it comes to investing in semiconductor stocks, Nvidia is the top name that comes to mind. However, while the company's H100, A100, and Blackwell graphics processing units (GPU) remain in high demand, it faces its share of challengers.Advanced Micro Devices (AMD -2.69%) is Nvidia's closest competitor. Earlier this month, the company revealed that it was acquiring Silo AI in a deal valued at 665 million. Silo AI is reported ...