Market Insight : AMD Powers Forward in AI: Eyes $500 Billion Market with New Chip Launches and Major Partnerships
Market Insight : AMD Powers Forward in AI: Eyes $500 Billion Market with New Chip Launches and Major Partnerships Market Insight : AMD Powers Forward in AI: Eyes $500 Billion Market with New Chip Launches and Major Partnerships Company Overview Advanced Micro Devices (AMD) is aggressively advancing its position in the AI accelerator market with the launch of its Instinct MI350 chips and a preview of the MI400 series. Targeting a booming market exceeding $500 billion, AMD has secured major customers including Meta and OpenAI , marking significant strides in AI computing power while prioritizing energy efficiency milestones. This momentum underpins AMD’s rising reputation as a serious player in AI technologies. Technical Indicator Breakdown and Analysis (as of 2025-06-15) EMA12: 140.77582 - The 12-day Exponential Moving Average shows the short-term momentum and is moderately above the EMA26, indicating upward momentum in the recent price trend. ( EMA ) E...