Just five years ago, AMD was ranked 222nd in the S&P 500. But with continued growth and strategic decisions, the company climbed the corporate ladder at an astonishing pace. Today it ranks 22nd.
AMD’s recent rise is partly due to the boom in the chip market; Many manufacturing companies are experiencing significant growth. The company is also positioning itself as a “viable alternative” to industry leader Nvidia in the rapidly evolving field of artificial intelligence (AI). This strategic move attracted the attention of investors, further increasing the share price.
Source: Ferra
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
