AI, AMD and Absci

AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.
Absci Stock Jumps As AMD Invests $20M To Boost AI Drug Discovery
AI drug creation company Absci Corporation (NASDAQ:ABSI) shares are trading higher in premarket on Wednesday after the company entered into a strategic collaboration with Advanced Micro Devices Inc (NASDAQ:AMD) to enhance its AI drug discovery capabilities.
AMD Invests in Drug-Discovery Company Absci in Push to Sell AI Chips
The $20 million deal gives the chip supplier a toehold in the life-sciences market, a strategy it plans to replicate in other industries.
Absci and AMD Announce Collaboration and Strategic Investment to Accelerate the Future of AI Drug Discovery
Absci Corporation (NASDAQ: ABSI), a data-first generative AI drug creation company, today announced a strategic collaboration with AMD to deploy AMD Instinct™ accelerators and ROCm™ software to power critical AI drug discovery workloads,
AMD invests $20 million in AI drug research at Vancouver-based Absci
Chip designer AMD said Wednesday that it will invest $20 million in Absci, the Vancouver company that aims to use artificial intelligence to develop new drug therapies. Absci hopes artificial intelligence will enable it to move faster to develop protein-based medicines called biologics,
AMD Stock Slumps After Double Downgrade by HSBC on AI Revenue Concerns
Key Takeaways Advanced Micro Devices shares fell Wednesday after a double downgrade by analysts at HSBC to "reduce" from "buy ...
Advanced Micro Devices, Inc. (AMD) Partners with Dell to Power New Pro Devices with Ryzen AI PRO Processors for Enhanced Business Productivity
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Only Room For The Best Or Cheapest, And AMD Is Neither: Downgrading To Sell
Advanced Micro Devices lags Nvidia in AI design wins, prompting a downgrade to sell. See why AMD stock faces little room to ...
Is Advanced Micro Devices (AMD) Stock a Buy Now?
It's clear that AMD isn't the AI company Nvidia is. Its $3.5 billion in data center revenue in Q3 was a fraction of Nvidia's ...
AMD debuts AI-optimized laptop processor that can run large language models
In an internal test, AMD used the Ryzen AI Max+ 395 to run a version of the Llama 70B large language model. The company says ...
Analyst: Advanced Micro Devices (AMD)’s Pipeline Lacks Nvidia’s By More Than a Year
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Got $3,000? 2 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term
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Micron AI chip stock may rebound in spectacular fashion in 2025
Since AI emerged as the world's next megatrend about two years ago, one product in particular has become the technology ...
Absci rises after report on $20M investment by Advanced Micro Devices
Absci (NASDAQ:ABSI) was rising after a media report about the semiconductor company Advanced Micro Devices (NASDAQ:AMD) ...
2 Tech Stocks Wall Street Thinks Could Soar in 2025
The stock is up 25% over the last 12 months, but it still trades around the same price-to-sales multiple of 13. For the stock ...