What Happened With AMD Stock Today?

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares traded lower Thursday as the company hosted its "Advancing AI 2024" event. 

The Details: AMD launched several new high-performance computing solutions at the event, including fifth Gen AMD EPYC server CPUs, AMD Instinct MI325X accelerators, AMD Pensando Salina DPUs, AMD Pensando Pollara 400 NICs and AMD Ryzen AI PRO 300 series processors for enterprise AI PCs. 

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“The data center and AI represent significant growth opportunities for AMD, and we are building strong momentum for our EPYC and AMD Instinct processors across a growing set of customers,” said AMD Chair and CEO Dr. Lisa Su. 

“With our new EPYC CPUs, AMD Instinct GPUs and Pensando DPUs we are delivering leadership compute to power our customers’ most important and demanding workloads. Looking ahead, we see the data center AI accelerator ...

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