AMD shares jump over 6% following collaboration with Microsoft on new AI chip codenamed “Athena”


AMD shares jumped 9% after reports emerged that Microsoft is collaborating with the chipmaker on a new artificial intelligence processor. The new AI chip, codenamed Athena, will be able to train models and make inferences on new data. Microsoft is also reportedly providing financial support for the initiative.
https://finance.yahoo.com/news/microsoft-helping-finance-amd-expansion-172751666.html
Seems like there's serious potential in this partnership. Thoughts?


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