AMD will ship its new chip designed specifically for artificial intelligence, the MI300X, later this year. It’ll be the strongest contender Nvidia has faced in the market for AI chip. But AMD faces an uphill battle — Nvidia controls over 80% of market share for AI chips, according to analysts.
Do you know Huang and Su are related? A fun read. https://www.techtimes.com/articles/253736/20201030/fact-check-nvidia-ceo-uncle-amds-dr-lisa-su.htm Now we need a Taiwanese CEO for Intel, Gelsinger is so overpaid and underperformed.
https://www.marketwatch.com/story/c...-dumps-2-million-more-in-tesla-stock-db01ac92 Cathie Wood’s ARK Investment scooped up 18,583 shares of Advanced Micro Devices Inc. AMD, -2.27% shares Monday, a chunk of stock valued at about $2 million based on the day’s closing price of $107.51. The shares were added to ARK’s Autonomous Technology & Robotics ETF ARKQ, -0.79%, and AMD now represents 0.1966% of that fund. ARK also bought 18,106 shares of Taiwan Semiconductor Manufacturing Co. Ltd. TSM, -1.77%, with 4,117 added to the Autonomous Technology & Robotics ETF and the rest added to the ARK Next Generation Internet ETF ARKW, -1.00%. That amounts to just under $2 million based on the stock’s $100.11 closing level. Further, ARK continued to unload shares of Tesla Inc. TSLA, -6.06%, dumping 5,196 shares from the Autonomous Technology & Robotics ETF and 3,058 shares from the Next Generation.
Cathie Wood says Ark Venture Fund holds a stake in OpenAI. Meanwhile ARKK for the year is shocker ... down. Opened @ $51.80, currently $ 46.44 Please give her many more billions to incinerate.