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Latest News In AI Chips - AMD Collaborates With CEA to Revolutionize AI Computing
Reviewed by Simply Wall St
Advanced Micro Devices (AMD) has announced a collaboration with France's Commissariat à l'énergie atomique et aux énergies alternatives (CEA) to advance next-generation AI computing architectures. This partnership aims to leverage both organizations' strengths to develop energy-efficient systems capable of supporting computation-heavy AI workloads across various fields, including energy and medicine. In addition to technological advancements, AMD and CEA plan to host a symposium in 2025, bringing together European and global stakeholders to propel AI computing technologies forward. This initiative represents AMD's commitment to fostering international collaborations that enhance AI innovation and strengthen US-European research ties.
- Advanced Micro Devices (NasdaqGS:AMD) last closed at $111.10 up 0.6%, close to the 52-week low.
In other market news, Will Semiconductor (SHSE:603501) was a standout up 10% and closing at CN¥135.30. In the meantime, Astera Labs (NasdaqGS:ALAB) trailed, down 10.9% to finish the session at $92.04. This week, Astera Labs reported a significant increase in full-year sales for 2024 and provided positive earnings guidance for the first quarter of 2025.
Best AI Chip Stocks
- QUALCOMM (NasdaqGS:QCOM) closed at $171.99 up 0.4%.
- NVIDIA (NasdaqGS:NVDA) closed at $132.80 down 0.6%.
- Micron Technology (NasdaqGS:MU) ended the day at $94.08 down 1.9%.
Summing It All Up
- Unlock our comprehensive list of 54 AI Chip Stocks like Renesas Electronics, Teradyne and ASE Technology Holding by clicking here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About NasdaqGS:NVDA
NVIDIA
NVIDIA Corporation ofrece soluciones gráficas, de cálculo y de red en Estados Unidos, Taiwán, China, Hong Kong y otros países.