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Cryptopolitan 2024-01-31 03:55:23

AMD Projects Strong Demand for AI Chips, Stock Dips in Response

In a pivotal update for the tech industry, chipmaker Advanced Micro Devices (AMD) unveiled forecasts indicating a surge in demand for its artificial intelligence (AI) processors. While the projections for first-quarter revenue fell short of Wall Street estimates, the outlook for AI chip sales remains promising. As businesses increasingly prioritize the development of generative AI

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