AMD stock jumps 10% after Lisa Su calls Big Tech's AI spending 'the right gamble'
AMD shares jumped 10% on Wednesday, shrugging off weakness across tech stocks, after CEO Lisa Su said that companies spending billions on computing aren't wasting money, but speeding up progress. When asked about Big Tech's aggressive AI investment pace, Lisa said, "I don't think it's a big gamble... I think it's the right gamble." Her [...]
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