Lessons from Investment Gurus

The Most Important Thing

 Successful investing requires thoughtful attention to many separate aspects, all at the same time. 
Omit any one and the result is likely to be less than satisfactory.

The idea of the most important things—each is a brick in a solid wall, and none is dispensable. 

Is AMD going to be a player here?  WHEN?  Advanced Micro Devices CEO Lisa Su has been talking up the company’s #Artificial Intelligence  chips as a good alternative to hard-to-get Nvidia graphics processing units, but doesn't seem the market believes them yet 🤔

https://finance.yahoo.com/news/amd-introduces-ai-chips-business-133221908.html

 #The Most Important Thing

AMD introduces AI chips for business laptops and desktops

Artificial Intelligence

Is AMD going to be a player here?  WHEN?  Advanced Micro Devices CEO Lisa Su has been talking up the company’s #Artificial Intelligence  chips as a good alternative to hard-to-get Nvidia graphics processing units, but doesn't seem the market believes them yet 🤔  https://finance.yahoo.com/news/amd-introduces-ai-chips-business-133221908.html   #The Most Important Thing

Bobby

OpenAI and Advanced Micro Devices announced on Monday a new partnership that would see OpenAI deploy six gigawatts of AMD’s chips over multiple years, starting in the second half of next year. That deal is larger than the $300 billion, 4.5 gigawatt cloud deal OpenAI struck with Oracle earlier this year.

As part of the deal, OpenAI will receive the option to purchase up to 10% of AMD stock if it hits certain milestones. The deal is yet another sign of OpenAI’s insatiable appetite for computational power, as it looks to power its popular chatbot to over 700 million weekly active users, build new products like agents and develop new advanced models.

The deal is also a major win for AMD, as it looks to take on Nvidia’s dominance in the AI chip market. However, it’s still smaller than the deal OpenAI and Nvidia announced last month to deploy 10 gigawatts worth of Nvidia chips. AMD’s stock rose 35% during premarket trading on the news.

https://ir.amd.com/news-events/press-releases/detail/1260/amd-and-openai-announce-strategic-partnership-to-deploy-6-gigawatts-of-amd-gpus

AMD and OpenAI Announce Strategic Partnership to Deploy 6 Gigawatts of AMD GPUs

OpenAI and Advanced Micro Devices announced on Monday a new partnership that would see OpenAI deploy six gigawatts of AMD’s chips over multiple years, starting in the second half of next year. That deal is larger than the $300 billion, 4.5 gigawatt cloud deal OpenAI struck with Oracle earlier this year.  As part of the deal, OpenAI will receive the option to purchase up to 10% of AMD stock if it hits certain milestones. The deal is yet another sign of OpenAI’s insatiable appetite for computational power, as it looks to power its popular chatbot to over 700 million weekly active users, build new products like agents and develop new advanced models.  The deal is also a major win for AMD, as it looks to take on Nvidia’s dominance in the AI chip market. However, it’s still smaller than the deal OpenAI and Nvidia announced last month to deploy 10 gigawatts worth of Nvidia chips. AMD’s stock rose 35% during premarket trading on the news.  https://ir.amd.com/news-events/press-releases/detail/1260/amd-and-openai-announce-strategic-partnership-to-deploy-6-gigawatts-of-amd-gpus

News Highlights  
OpenAI to deploy 6 gigawatts of AMD GPUs based on a multi-year, multi-generation agreement

Initial 1 gigawatt OpenAI deployment of…...