Abnormal Movement in US Stock Market | Joined Hands with Multiple AI Startups to Compete with NVIDIA (NVDA.US) AMD (AMD.US) Surges Over 9%

According to the Securities Times APP, on Monday, AMD's stock price (AMD.US) rose, with the stock up more than 9% to $126.82 as of the time of publication. In terms of news, recently AMD has established close partnerships with several artificial intelligence startups, aiming to strengthen its software capabilities and create outstanding chip designs. This move is also to compete more effectively with NVIDIA (NVDA.US) in the artificial intelligence chip market. Specifically, AMD has recently acquired several small software companies to enhance its talent pool and improve its software suite (ROCm). The company also acquired server manufacturer ZT Systems to build a stronger hardware product line.