Previous close | 161.16 |
Open | 161.16 |
Bid | 159.15 |
Ask | 160.05 |
Strike | 280.00 |
Expiry date | 2024-01-19 |
Day's range | 161.16 - 161.16 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Palantir and AMD are two companies that should play a key role in the future of the AI technology megatrend.
Advanced Micro Devices (NASDAQ: AMD) rallied 23% in the month of November, according to data from S&P Global Market Intelligence. In addition, management gave a strong outlook for its data center segment and specifically sales of its MI300 accelerator for AI applications, which is in its first stages of commercial ramp-up. In its third quarter, AMD grew revenue 4.1%, with adjusted (non-GAAP) earnings per share of $0.70, beating analyst expectations.
Advanced Micro Devices' (NASDAQ: AMD) turnaround over the past six years couldn't have gone any better. A combination of good products, industry-leading manufacturing technology from Taiwan Semiconductor Manufacturing Company (TSMC), and delays and missteps by Intel (NASDAQ: INTC) has made AMD competitive. AMD is now worth more than Intel, a situation that would have been unthinkable a few years ago.