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4.95810402103194E-05 0.000743715603153382 -0.00148743120630662 0.00213198472903965 0.00773464227279489 -0.000198324160840855 -0.00793296643363575 -0.00793296643363575
Stock impact report

Memory company stocks are seeing 1,000% gains from the AI boom [Yahoo! Finance Canada]

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
The AI boom has turned Nvidia ( NVDA ) into the world's most valuable company, at one point pushing its market capitalization past the $5 trillion mark. It also boosted Google ( GOOG GOOGL ) and Microsoft's ( MSFT ) earnings and turned ChatGPT into a household name. But the AI frenzy isn't limited to companies that make AI chips or even the ones that build AI software. Memory and storage companies are also benefiting from the AI explosion. AI data centers house thousands of computer servers that run the AI apps people use every day. And while GPUs from Nvidia and Advanced Micro Devices ( AMD ) generally do the heavy lifting, those servers also need memory and storage, just like your laptop or smartphone. And just as the AI data center build-out sent GPU sales skyrocketing, it has also turned memory and storage chips into red-hot commodities, leaving producers unable to keep up with demand and creating a global shortage. And that has sent companies' stock prices soaring. Memor Show less Read more
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