Advanced Micro Devices, Inc (NASDAQ:AMD) stock saw some redemption Wednesday after Tuesday’s broader sector selloff amid reports of Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) planning to boost the prices of its chip production services. Recent reports indicated AMD, which bagged a 33% market share in the server CPU market, is looking to expand its partnership with Samsung Electronics Co to develop 3-nanometer chip processing technology. AMD’s collaboration with Samsung has the potential
Arm-based chips are coming to Windows PCs, and they pose a series threat to Intel and AMD's dominance.
At Computex, AMD announced various new chips that will see it compete with Nvidia.