AMD - Asia Tech Wire

AMD

2024.12.26

08:35

Guosheng Securities: From the perspective of technological evolution, the dawn of investment opportunities in domestic computing power has arrived

A research report from Guosheng Securities stated that from the current perspective, as the Chinese large-scale model applications represented by "Doubao" accelerate their volume, what each manufacturer needs is a general-purpose computing power that can be quickly deployed to seize business entrances and users, that is, GPGPU.

2024.12.24

06:08

Nvidia, AMD participate in Musk-owned xAI's $6 billion Series C funding round

U.S. billionaire Elon Musk's artificial intelligence startup xAI announced on Monday the completion of a $6 billion Series C funding round and released the list of investors.

2024.12.23

20:17

Meta, AMD and Micron Technology were selected by Rosenblatt as hot stocks for the first half of 2025

Meta, AMD and Micron Technology were selected by investment bank Rosenblatt as hot stocks for the first half of 2025.

20:11

Meta, AMD and Micron Technology were selected by investment bank Rosenblatt as hot stocks for the first half of 2025.

2024.12.03

08:20

AI chip startup Tenstorrent receives $700 million investment, Bezos joins

According to the Securities Times, AI chip startup Tenstorrent received $700 million in investment, with a valuation of $2.6 billion, aiming to challenge Nvidia's leadership in the AI chip market. The company plans to develop affordable GPU alternatives, using open source technology and common components to avoid high-cost components to improve cost efficiency. Tenstorrent is led by "Silicon Valley chip legend" Jim Keller, who has held important positions in companies such as Apple, Tesla and AMD, and is committed to developing AI chips that break Nvidia's monopoly. Bezos' investment company Bezos Expeditions, LG Electronics and Fidelity participated in the investment, and are optimistic about the development of AI technology.

05:01

U.S. stocks closed mixed, with both the Nasdaq and S&P 500 hitting new record highs

U.S. stocks closed mixed, with the Dow Jones Industrial Average down 0.29%, the Nasdaq up 0.97%, and the S&P 500 up 0.24%. Both the Nasdaq and the S&P 500 hit new all-time highs. Chip stocks strengthened, with TSMC up more than 5%, Arm Holdings up more than 4%, AMD and ASML up more than 3%, and Broadcom and Qualcomm up nearly 3%.

2024.10.16

08:57

Intel, AMD announce formation of x86 ecosystem advisory group

Asia Tech Wire (Oct 16) -- Intel and AMD announced the formation of an x86 ecosystem advisory group at Lenovo Tech World on Tuesday.

2024.10.11

09:39

AMD unveils new AI chip to compete with Nvidia's Blackwell

Asia Tech Wire (Oct 11) -- AMD on Thursday unveiled a new AI chip that will compete with Nvidia's Blackwell.

2024.09.05

02:38

AMD hires ex-Nvidia exec as SVP of global AI markets

Asia Tech Wire (Sep 5) -- AMD hired a former Nvidia executive as senior vice president of global AI markets.

2024.08.22

03:11

AMD decides to set up R&D centers in Tainan and Kaohsiung

Asia Tech Wire (Aug 22) -- U.S. chip giant AMD will set up R&D centers in Tainan and Kaohsiung, according to an announcement by Taiwan's Ministry of Economic Affairs.

2024.08.20

09:36

AMD agrees to buy ZT Systems for $4.9 billion

Asia Tech Wire (Aug 20) -- AMD announced Monday that it has agreed to acquire server maker ZT Systems in a cash-plus-stock deal valued at $4.9 billion.

2024.08.13

07:05

AMD's biggest success in Q2 was in server segment, Mercury Research reports

Asia Tech Wire (Aug 13) -- AMD's biggest success in the second quarter of 2024 was in the server segment, according to a new report from market researcher Mercury Research.

2024.07.29

02:26

AMD to invest $162 million to build R&D center in Taiwan

Asia Tech Wire (July 29) -- U.S. chipmaker AMD will invest $162 million to build an R&D center in Taiwan.

2024.06.03

10:31

Here comes Nvidia's strongest rival! Founder's relative launches challenge

Asia Tech Wire (June 3) -- Advanced Micro Devices Inc. (AMD) is accelerating the rollout of new artificial intelligence processors in a bid to undercut Nvidia Corp.'s dominance in the lucrative market.

2024.05.27

03:46

Nvidia, AMD CEOs to attend Computex Taipei

Asia Tech Wire (May 27) -- The CEOs of Nvidia and AMD will attend Computex Taipei 2024.

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Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
                            2024-12-27

                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
                            2024-12-23

                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27