AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to ...
TOKYO — Asian shares were mostly higher Tuesday in quiet holiday trading, while Japan’s benchmark rose to new records on hope for more government spending and lower taxes under Japan’s first woman ...
Jefferies analysts stated that the OpenAI deal altered AMD’s “AI narrative” and provided “strong validation” of its AI roadmap and the level of AI demand in general.
Outside of tech, Comerica jumped 16.5% after Fifth Third Bancorp agreed to buy its rival in an all-stock deal valued at $10.9 billion. The combination would create the country’s ninth-largest bank.
A pivot from videogames to data centers-and a new deal with OpenAI-has the chip designer on the road to a $1 trillion valuation. A Devastating Fire at a Major Ford Supplier Will Disrupt Business for ...
Just two weeks after its rival Nvidia struck a massive AI deal with ChatGPT owner OpenAI, AI chipmaker Advanced Micro Devices did the same.
Gift Nifty was trading around 25,156 level, a discount of nearly 29 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.
Under the agreement, OpenAI gains the option to acquire 10 percent of AMD shares, whose price surged after the announcement of the deal.
The electronics manufacturer's shares jumped on news from a key business partner. Sanmina is acquiring one of that peer's business units. On the stock market, it often helps to be associated in some ...
(Bloomberg/Jessica Menton) — US stocks rose to record levels shortly after the opening bell Monday as investors looked past the government shutdown, now in its sixth day. Instead they cheered a ...