AI Surge Fuels Stock Market Boom and AMD's Data Center Success
February 25, 2024
The U.S. stock market has seen substantial growth in 2023, fueled by optimism and increasing AI adoption.
AMD's data center business thrives, with Epyc server CPUs and GPUs in high demand, and the MI300 Instinct GPUs set to boost 2024 revenues.
Investor focus intensifies on AI's market and economic impact, with tech stocks, particularly Nvidia, leading the rally.
Inflation concerns linger, with the Federal Reserve's personal-consumption expenditures index data release being closely watched.
Talks of stock splits among AI-centric firms like Super Micro Computer, ASML, and Meta Platforms arise as share prices surge.
The Motley Fool's Stock Advisor suggests other top AI stocks may offer significant returns in the near future.
Summary based on 6 sources
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Sources

The Motley Fool • Feb 25, 2024
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Nasdaq • Feb 25, 2024
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Nasdaq • Feb 25, 2024
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