Why Advanced Micro Devices (AMD) Stock Soared Wednesday
Shares of Advanced Micro Devices (NASDAQ: AMD) jumped 5.4% Wednesday. The chip maker and closest competitor of rival Nvidia saw its stock rise after a research note indicated Nvidia may decide to delay its upcoming Rubin chips in order to better compete with AMD's next-generation AI offering.
Fubon Research analyst Sherman Shang released a note indicating that Nvidia may delay its next-generation Rubin series chips, originally expected to enter mass production in the third quarter of 2026. The company is reportedly redesigning the chip to better position it against AMD's upcoming MI450.
The MI450 will be part of AMD's MI400 series, its first rack-scale AI server platform with 72 processors. While AMD's current AI lineup has had minimal impact on Nvidia's dominance with Blackwell chips, the MI450 could make it a more formidable rival.
Source Fool.com
Advanced Micro Devices Inc. Stock
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