AMD shares fell to an intraday low on July 24 and were down 4.72%, according to market data from BIT (bit.com), after having risen as much as 0.66% earlier in the session. The stock move came as AMD CEO Lisa Su said the company had unveiled the Helios AI server rack system. Su added that Helios has fully entered production and is about to begin shipping. She also said the MI450 AI accelerator will be the highest-performing AI accelerator in the industry. The update combined a sharp reversal in AMD’s share price with fresh product comments from the company’s chief executive.
AMD shares fell to an intraday low on July 24 and were down 4.72%, according to market data from BIT (bit.com), after rising as much as 0.66% earlier in the session.
At the same time, AMD CEO Lisa Su said the company had launched the Helios AI server rack system. She said Helios has fully entered production and will begin shipping soon. Su also said the MI450 AI accelerator will be the highest-performing AI accelerator in the industry.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
