Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.

Micron Technology, Inc. MU shares rose 2.7% on Tuesday following NVIDIA Corporation’s NVDA announcement that Micron would be a critical supplier for its groundbreaking GeForce RTX 50 Blackwell graphics processing units (GPUs).

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Shares of Absci on Wednesday jumped following a report on a $20 million investment from Advanced Micro Devices. The stock was up 27% to $3.89 in pre-market trading. Through Tuesday's close, shares have fallen 25% over the past 12 months.

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 ...

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Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.

At CES in Las Vegas, Nvidia showed that it’s still focused on serving gamers even as the company’s primary business is now in the data center.

On the other hand, Wall Street has seemingly left Advanced Micro Devices (NASDAQ: AMD) in the dust. While Nvidia has soared an impressive 170% over the past 12 months, AMD has declined nearly 20%.

The Motley Fool has positions in and recommends Advanced Micro Devices, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on ...

Advanced Micro Devices shares extended their recent run of declines Wednesday after a top Wall Street analyst cautioned that the chipmaker could continue to trail its peers' performance well into the new year.

Nvidia gained $2 trillion in value during 2024 and is now one of the biggest companies in the world by market cap.