AMD stock rallies 12% as Google Cloud taps its EPYC processors for next-generation AI infrastructure
Shares of Advanced Micro Devices (AMD) extended their recovery for a second consecutive session on Monday, November 9, surging 12.5% to an intraday high of $504.80 apiece.
The rally came after the Nvidia rival announced that its fifth-generation EPYC server processors would power Alphabet’s Google Cloud
TPU 8tx systems.
