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Benzinga
Benzinga
Business
Vaishali Prayag

What's Going On With Advanced Micro Devices Shares Today?

Advanced Micro Devices AMD Donald Trump Nasdaq Lisa Su Artificial Intelligence Nvidia
AMD Sees $500B AI Chip Market

Advanced Micro Devices Inc. (NASDAQ:AMD) shares are trading higher Tuesday extending momentum from Monday after reports revealed the company raised the price of its MI350 artificial intelligence chip.

What To Know: The chip was up-ed by $10,000, bringing it to $25,000 per unit. The increase reflects growing confidence in AMD's competitiveness within the AI chip market, particularly against rival Nvidia's Blackwell B200.

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