AMD forecasts $45 billion AI chip market this year, $2 billion in sales in 2024

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/9/2026

1. AAPL
2. BRZE
3. TTAN
4. CHYM
5. USO
6. COO
7. QCOM
8. IRT
9. AEO
10. MSI

Go back to AMD forecasts $45 billion AI chip market this year, $2 billion in sales in 2024

AMD rises as analysts weigh in positively on performance of new flagship AI chip

December 7, 2023 8:13 AM EST

AMD (NASDAQ: AMD) stock witnessed buying activity in early Thursday trade following the chipmaker's introduction of new accelerator chips targeted at competing in the lucrative artificial intelligence (AI) market, where Nvidia (NASDAQ: NVDA) currently dominates.

The company highlights its capability to execute AI software more efficiently than comparable products from... More