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AMD Stock Soars 3.13% on AI Chip Market Momentum

Mover TrackerMonday, Mar 24, 2025 9:23 am ET
1min read

On March 24, 2025, Advanced Micro Devices Inc. (AMD) saw a 3.13% rise in pre-market trading.

Advanced Micro Devices Inc. (AMD) has been in the spotlight due to its involvement in the AI chip market. The company's former employee, June Paik, now leads FuriosaAI, a Korean chip startup that has developed a second-generation processor, RNGD, to compete with industry leaders like Nvidia and other startups. FuriosaAI's decision to remain independent and its plans for an IPO have drawn attention to AMD's role in the AI chip sector.

Additionally, Ant Group, a Chinese technology company, has been using AMD chips along with other domestic semiconductors to train AI models. This shift towards using AMD and other Chinese chips has been driven by cost savings and the desire to reduce reliance on foreign technology. Ant Group's use of AMD chips highlights the growing demand for AI-capable semiconductors and AMD's position in the market.

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krogerCoffee
03/24
$AMD to $200 by end of year
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A_Moron_In-Existence
03/24
$AMD why didn't I know we're trending @howardlizard @Iamwillwexler
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makeammends
03/24
$AMD Finally saw this break, in at 110.49
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yeahyoubored
03/24
$AMD goes right through the 50MDA let's stay above
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btcmoney420
03/24
$AMD made a strong move above the 50-day average. Let's see if this uptrend continues. I've got calls https://share.trendspider.com/chart/AMD/6682n5amai
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Anklebreakers10
03/24
$AMD MAKING YOU MONEY!
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PancakeBreakfest
03/24
$AMD next $140
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werewere223
03/24
AMD's AI chip game is 🔥 right now.
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Nobuevrday
03/24
@werewere223 Hot run, do you think it lasts?
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Keroro999
03/24
FuriosaAI's RNGD processor is a game-changer.
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Unfair-Ad-4099
03/24
@Keroro999 RNGD's potential is huge, but competition from Nvidia and others is fierce.
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EX-FFguy
03/24
@Keroro999 FuriosaAI's RNGD? Meh, overhyped.
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ghostboo77
03/24
Ant Group's move could boost AMD's profile.
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spanishdictlover
03/24
AMD's rise got me thinking: diversify or die. Holding some $AMD feels like a no-brainer with AI's explosive growth.
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MirthandMystery
03/24
AMD's got that sweet upward momentum. 🚀 Gonna hold and see if we can ride this wave to even greater heights.
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