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Key News Summary
Advanced Micro Devices (NASDAQ: AMD) shares rose 5.4% on Wednesday as a research note suggested that Nvidia may delay its next-generation Rubin chips, originally expected for mass production in Q3 2026, in order to better compete with AMD’s upcoming MI450 AI server platform.
The MI450 will form part of AMD’s first rack-scale AI server platform, which features 72 processors. Demand for AI server chips remains “insatiable,” according to CoreWeave CEO Michael Intrator, giving AMD investors optimism that the demand will sustain by the time the MI400 series releases.
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