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AMD shares fell in Tuesday's after-hours session after the company reported better-than-expected third-quarter results but guided Q3 roughly in line with the consensus.
AMD is one of the few chipmakers capable of making the kind of high-end graphics processing units (GPUs) needed to train and deploy generative AI models
Advanced Micro Devices, or AMD, has partnered with Indian 4G and 5G equipment makers to offer telecommunications solutions in the country where it has 10,000 employees working on research and development, validation, software development and chip architecture design. AMD will invest $400 million in India over the next five years.
Being a fabless company that does not manufacture its own chips, AMD does not see opportunities in participating in the manufacturing sector as much. However, by helping local vendors such as VVDN in making servers and radio equipment, AMD is indirectly involved in transforming India into an electronics manufacturing hub, said Garcia.
While the Linux 6.6 kernel isn't set to be released until later today, over the weekend a number of early pull requests were submitted of new material for the Linux 6.7 merge window