Faster global financial news!
Jim Cramer: AMD's Strong Rally Not Over Yet, Expects Agency AI to Drive CPU Demand
CNBC host Jim Cramer stated on Monday that under CEO Lisa Su's leadership, Advanced Micro Devices' (AMD) strong rally is far from over, and the rise of agentic AI will bring new significant growth opportunities for the chipmaker. He believes that investors' focus on AI has shifted from model training to inference and agentic AI, which will lead to a surge in demand for CPUs, a market where AMD remains a leader. AMD's stock price rose nearly 13% last week, accumulating a nearly 30% gain in September, with its market capitalization briefly exceeding $1 trillion.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
Previous: U.S. Representative Ro Khanna to Introduce AI Safety Bill: Prohibits Recursive Self-Improvement in AI, Establishes New Regulatory Body, Imposes Criminal Penalties for AI Models Committing "Crimes Against Humanity"
|
Next: US stocks fall sharply on Monday, S&P 500 sees largest daily drop since Aug 20; oil prices and Treasury yields rise amid Iran war uncertainty
24H Trending
-
1
What is RCN coin? Where to trade and buy RCN coin?
-
2
CNBC: NVIDIA Drops 11% This Week, While AMD, Broadcom, and TSMC Rise
-
3
What is BFT token? Can BFT token be held for the long term?
-
4
CryptoSlate: New York Fed Report Shows U.S. Treasury Bought 79.4 Billion Yen Using Euro Reserves in July
-
5
September Ethereum Price Outlook: Can Polymarket's $2,600 Target Be Achieved?
-
6
Al Jazeera, citing Iranian media: Iranian Navy claims to have shot down US MQ-1 drone in Strait of Hormuz
-
7
Chinese stocks led a rally in Asian chip shares as investors shrugged off the NVIDIA controversy surrounding Jensen Huang and rushed back into AI trades.
-
8
Hong Kong upgrades full-year economic growth forecast for the second time in months, driven by trade growth fueled by the global AI boom
-
9
Islamic Revolutionary Guard Corps Claims Strike on US Radar Site in Bahrain
-
10
Binance has released its Proof of Reserves snapshot for November 12, stating that it has fully covered the $6.34 billion in stolen assets.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
