AMD (NASDAQ: AMD) Begins Production of Venice EPYC Processors
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowAdvanced Micro Devices Inc (AMD) has commenced ramping production of its Venice EPYC processor, leveraging TSMC's 2nm process technology. In the past month, AMD stock gained over 40%, and has increased approximately 125% year-to-date. This marks a significant milestone as Venice is the first high-performance computing product to enter production on TSMC’s advanced process. Additionally, AMD plans to extend the 2nm technology to a follow-on EPYC processor, Verano, which will support the growing demands of AI workloads.
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About Advanced Micro Devices Inc. (AMD)
Advanced Micro Devices designs CPUs and GPUs that compete with Intel and Nvidia across PCs, gaming consoles, data centers, and AI workloads.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
Earlier AMD news
- NVIDIA (NVDA) and AMD (AMD) Drive S&P 500 Growth by 26 Points
- Nvidia (NVDA) Price Target at $350 Highlights AI Chip Demand
- AMD (AMD) Stock Hits All-Time High with 118% Year-to-Date Gain
- Nvidia (NVDA) Reports $1.87 EPS, $81.62B Revenue Driving Tech Shift
- Intel (INTC), Micron (MU) Stocks Bounce Ahead of Nvidia (NVDA) Earnings
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