Over the past year, a number of semiconductor stocks have witnessed meteoric gains thanks to ongoing euphoria surrounding artificial intelligence (AI). The share prices of Nvidia, Taiwan Semiconductor Manufacturing,

Doug and Lee highlight the dangers of overhyped AI investments and possible market corrections as they talk about how Microsoft, Amazon, and Alphabet are threatened by the slowing cloud sector. The post AMD Stock Is Stuck Between Cloud and Artificial Intelligence and This Time Buy The Dip Won’t Work appeared first on 24/7 Wall St.

Facebook owner Meta Platforms (META) is reportedly looking to buy South Korean AI chip startup FuriosaAI as the race to develop innovative

Seoul-based FuriosaAI was founded in 2017 and is led by June Paik, who previously worked at Samsung Electronics and AMD.

Meta (NASDAQ:META) is reportedly in negotiations to acquire South Korean AI chip startup FuriosaAI, according to a report by Forbes on Tuesday, citing sources familiar with the matter. The deal could potentially be finalized within this month.