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INTC Aug 2024 41.000 call
| Previous close | 0.1900 |
| Open | 0.1900 |
| Bid | 0.1900 |
| Ask | 0.2100 |
| Strike | 41.00 |
| Expiry date | 2024-08-16 |
| Day's range | 0.1900 - 0.2000 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.1k |
BenzingaIs AMD Stealing the Spotlight in Server and Client Markets? Here's What You Need to Know
Advanced Micro Devices Inc (NASDAQ:AMD) increased its market share for client and server categories in the x86 processor market. Despite intense competition in the market, particularly between AMD and Intel Corp (NASDAQ:INTC), AMD continued to grow. Intel, however, made gains in the Internet of Things (IoT) sector. Excluding IoT and semi-custom products such as game console chips that AMD manufactures, Venture Beat cites Mercury Research. Also Read: AMD Positions for AI Leadership with Expanded
- Yahoo Finance Video
The tech giants to benefit from AI bullishness: Strategist
Chip company Arm Holdings' (ARM) disappointing 2025 forecast could be signaling slowdowns in AI demands. Big Tech companies like Meta (META), Microsoft (MSFT), and Alphabet (GOOG, GOOGL) have all announced major investments in building out their AI infrastructures. While the plans show confidence in the future, will they actually pay off? Bokeh Capital Partners Founder and Chief Investment Officer Kimberly Forrest joins Morning Brief to give insight into the AI sector and discuss which companies are in the best position to actually benefit from AI investments. When asked about when investors will see real payoffs from these big investments from AI, Forrest says: "Building out the data center is part of it, then you're going to have companies like Meta, Microsoft, and Amazon (AMZN), and everybody else is going to pile in and start using the generative AI to maybe increase productivity... And I would look for who do you think is most likely to benefit from using generative AI. And we've just mentioned them, right? Amazon, Meta, and Microsoft, and to me Microsoft is really probably [in] the best position because they'll get people to actually pay for it, not just advertising dollars." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
