AMD could make significant changes to its next generation of Instinct GPUs, which are designed for professional use. Currently, all models in the series are intended for both HPC

The announcements follow reports that the US administration intends to facilitate AI chip deals between American firms and Gulf nations.

Advanced Micro Devices stock (NASDAQ:AMD) increased by more than 4% during Tuesday's trading session and has risen by nearly 20% over the last month. What factors are contributing to the stock's upward trend?

By Max A. Cherney and Stephen Nellis (Reuters) -A number of U.S. technology firms on Tuesday announced artificial intelligence deals in the Middle East as U.S. President Donald Trump secured $600 billion in commitments from Saudi Arabia to U.

AI stocks are the hottest trades on Wall Street again. They're also among traders' favorite stocks to bet against.

Under agreements with the US expected to be unveiled in coming days, Saudi Arabia and the UAE are poised to win wider access to advanced AI chips from Nvidia and AMD that are considered the gold

The deals served as the coming out party for Humain, a state-backed artificial intelligence (AI) company that operates under the Kingdom’s Public Investment Fund (PIF) and is chaired by Crown Prince Mohammed bin Salman. The company is part of Saudi Arabia’s Vision 2030 strategy to diversify the Saudi economy away from just oil sales.

After its 1Q25 earnings, it’s clear AMD (AMD) isn’t just building fast chips anymore, it’s morphing into a full-stack AI compute platform company.