AMD, Meta and GPU
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Meta Platforms (NASDAQ:META | META Price Prediction) has struck a multiyear deal with Advanced Micro Devices (NASDAQ:AMD) to deploy up to 6 gigawatts of AMD GPUs and AI-optimized CPUs across its AI data centers,
Last week, Nvidia (NASDAQ:NVDA) and Meta Platforms (NASDAQ:META) expanded their partnership, with Meta committing to millions of Nvidia GPUs for its AI data centers. The news sent Advanced Micro Devices (NASDAQ:AMD) stock tumbling about 3%,
Winners & losers: Memory price hikes stemming from the AI craze have triggered domino effects across the tech industry: pushing up hardware costs, restricting availability, and even reshaping business strategies. New reports confirm earlier concerns that ...