What's Going On With AMD Stock Thursday?

Advanced Micro Devices, Inc (NASDAQ:AMD) stock gained over 42% in the last six months.

Analysts tout AMD as the second most significant beneficiary after Nvidia Corp (NASDAQ:NVDA). AMD recently highlighted gaining a 33% market share in the server CPU market in the first-quarter, up from ~8% in 2020.

After the Taiwan event, analysts called out AMD’s pipeline, including the upcoming MI325, MI350, MI400, and MI400.

According to the analyst, AMD and Samsung are currently discussing leveraging 5-nm for AMD’s AI chip MI400 series.

AMD’s market cap of $269 billion trails the undisputed numero uno AI beneficiary Nvidia’s market cap of over $3 trillion, with the latter crossing Apple Inc’s (NASDAQ:AAPL) market cap this Wednesday.

Investors can gain exposure to AMD via iShares Core S&P 500 ETF (NYSE:IVV) and Vanguard S&P 500 ETF (NYSE:VOO).

Price Action: AMD shares traded higher by 0.28% at $166.64 premarket at the last check Thursday.

Now Read: Jensen Huang’s Nvidia To Remain ‘Top Dog’ In AI Chip Battle, AMD To Get A Slice, Predicts Tech Investor Paul Meeks

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Advanced Micro Devices, Inc (NASDAQ:AMD) stock gained over 42% in the last six months.

After the Taiwan event, analysts called out AMD’s pipeline, including the upcoming MI325, MI350, MI400, and MI400.

Recent reports indicated AMD’s plans to tap Samsung Electronics Co to develop 3-nanometer chip processing technology. However, TF International Securities analyst Ming-Chi Kuo stated there is a lack of progress between the companies. In her latest post, the analyst further noted that by the time the companies are ready to commercialize the 3-nm chip technology, Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) 2-nm will already be in mass production. According to the analyst, it would make more sense for AMD to invest in TSMC’s 2-nm products.

According to the analyst, AMD and Samsung are currently discussing leveraging 5-nm for AMD’s AI chip MI400 series.

Investors can gain exposure to AMD via iShares Core S&P 500 ETF (NYSE:IVV) and Vanguard S&P 500 ETF (NYSE:VOO).

Price Action: AMD shares traded higher by 0.28% at $166.64 premarket at the last check Thursday.

Now Read: Jensen Huang’s Nvidia To Remain ‘Top Dog’ In AI Chip Battle, AMD To Get A Slice, Predicts Tech Investor Paul Meeks

AMDAdvanced Micro Devices Inc

IVViShares Core S&P 500 ETF

$697.800.10%

NVDANVIDIA Corp