ChatGPT-4o price prediction for AMD stock as it agrees $5 billion deal
AMDAMD(AMD) Finbold·2024-08-20 16:37

In a bid to bolster its competitiveness in the artificial intelligence (AI) arena, Advanced Micro Devices (NASDAQ: AMD) acquired ZT Systems for nearly $5 billion on August 19.This acquisition aims to bolster AMD’s position in a fight with Nvidia (NASDAQ: NVDA). ZT Systems is tasked with providing hardware solutions for cloud systems to companies like Microsoft (NASDAQ: MSFT) and enhancing AMD’s GPU-producing capabilities.Amid such a huge deal, Finbold decided to use AI, more precisely ChatGPT-4o from OpenAI ...