| Previous close | 23.00 |
| Open | 24.75 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 160.00 |
| Expiry date | 2025-06-20 |
| Day's range | 22.50 - 24.75 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
AMD's recent M&A shows strategy to second to Nvidia: Analyst
Josh Lipton and Alexandra Canal sit down with Stifel applied technology analyst Ruben Roy to discuss Advanced Micro Devices (AMD) recent merger and acquisition (M&A) activity and how it will affect competition in the chip sector. “AMD, over the last six to eight months, has put in quite a few acquisitions, almost $1 billion worth of software-specific acquisitions," Roy tells Yahoo Finance, including the multi-billion dollar deal on ZT Systems. The analyst finds that "having systems expertise and the ability to put these systems together quickly” to be put into the network as the demand for capacity continues to go up and to the right” could be “a differentiator” for AMD “I wouldn't say AMD necessarily is catching up to Nvidia (NVDA) overnight, but certainly it sounds to us looking at these acquisitions that's where the company strategy is focused, trying to become a number two player to what Nvidia has established.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
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