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Artificial intelligence (AI) has been the driving force behind the growth of many tech companies lately. With AI infrastructure spending ramping up, Advanced Micro Devices (NASDAQ: AMD) has benefited from tech giants investing in advanced processors.

AMD stock has underperformed the market in the past year, losing 16% of its value while the broader PHLX Semiconductor Sector index has clocked 20% gains over the same period. AMD's weak influence in the AI chip market is one of the key reasons behind its underperformance.

particularly from Nvidia (NVDA), as well as the “growing” cloud preference for custom chips from Broadcom (AVGO) and Marvell Technology (MRVL), which could limit Advanced Micro Devices ...

Nvidia (NASDAQ:NVDA) stock found itself in a mini-slump in recent weeks, falling into correction, even as other tech stocks experience their so-called “Nvidia moments.” Though Nvidia could be a relative laggard for a few more weeks or even months as investors digest the recent Fed meeting,

There is a shift in the rapidly evolving market of AI chips, which are perhaps the hottest and most coveted technology of the moment.

Advanced Micro Devices have underperformed Nasdaq 100, should you buy or sell the stock as its technical analysis indicates a downtrend.

The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy. Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought 2 Stocks Down ...

Advanced Micro Devices (NASDAQ:AMD) bulls believe the market should stop comparing the company’s chips with Nvidia and focus on its data-center growth and its competitive edge over other players ...

With AI infrastructure spending ramping up, Advanced Micro Devices (NASDAQ ... ramping up spending on AI infrastructure, which rival Nvidia estimates could reach $2 trillion over the next five ...

particularly from Nvidia (NVDA), as well as the “growing” cloud preference for custom chips from Broadcom (AVGO) and Marvell Technology (MRVL), which could limit Advanced Micro Devices, Inc. (NASDAQ:AMD) potential to gain market share. Arya lowered his ...

Detailed price information for Cisco Systems Inc (CSCO-Q) from The Globe and Mail including charting and trades.