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Ampere Computing: Qualcomm, which dominates the market for mobile phone chips, has been working to break into the market for AI chips in data centers since 2019 with a power-efficient offering of its own. Ampere and Qualcomm said on Thursday they have integrated their chips into a single data center server.
Ampere Computing on Thursday said it was pairing its chips with those from Qualcomm in a new offering aimed at lowering the power bills from operating artificial intelligence chips. Founded by Renee James, a former president of Intel, Ampere uses technology from Arm Holdings to make central processing chips that are used by Oracle, Alphabet's Google and others. The startup has focused on making chips that are more energy efficient than industry leaders Intel and Advanced Micro Devices.
StockNews.com downgraded shares of Advanced Micro Devices (NASDAQ:AMD – Free Report) from a hold rating to a sell rating in a report published on Saturday. AMD has been the subject of several other research reports. Rosenblatt Securities reiterated a buy rating and set a $250.00 price target on shares of Advanced Micro Devices in a […]
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TCI Wealth Advisors Inc. raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 7.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,757 shares of the semiconductor manufacturer’s stock after purchasing an additional 255 shares during […]