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9.78712992415475E-05 0.00185955468558857 -0.000880841693173371 0.00807438218742357 -0.00024467824810366 -0.000538292145828164 0.00685099094690485 0.00278933202838278
Stock impact report

AMD May Land Key AI Deal In Korea [Yahoo! Finance]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: Yahoo! Finance
Advanced Micro Devices ( NASDAQ:AMD could be getting a meaningful foothold in the AI race, with Korea's Upstage in talks to buy around 10,000 of its latest AI chips. The discussions are centered on AMD's MI355 accelerators, which Upstage wants to use to scale up its AI compute capabilities. CEO Sung Kim said the talks followed a recent meeting with Lisa Su in Seoul, and the motivation is pretty clear. Korea already relies heavily on Nvidia ( NASDAQ:NVDA ) chips, but companies are now actively looking to diversify their supply. Warning! GuruFocus has detected 5 Warning Signs with AMD. Is AMD fairly valued? Test your thesis with our free DCF calculator. That shift is happening against a bigger backdrop. Upstage is part of a government-backed push to build top-tier AI models, where teams are evaluated every 6 months in a competitive program. The winners get access to more advanced computing resources, which makes securing chip supply a critical advantage. Recommended Stories Show less Read more
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