In a new market commentary, Mizuho Securities analysts highlighted key takeaways from their call with a data center expert, discussing the anticipated strong outperformance of Nvidia (NASDAQ:NVDA) and its vital role in the AI supply chain.
(Bloomberg) -- Rain AI has recruited an Apple Inc. chip executive to lead hardware engineering, the second high-profile hire this month for a startup trying to design a new type of semiconductor for artificial intelligence.Most Read from BloombergBiden's Defiance Has Democrats Fearing They'll Lose White HouseBiden Asks Donors to Stay Following Disastrous DebateCLOs Have Too Much Money and Are Running Out of Things to BuySingapore Loses Last 18-Hole Public Golf Course to RedevelopmentGavin Newsom
AMD stock has risen on expectations for continued market share gains in processors for PCs and servers. AMD also is an AI chip play.