Google's Gemini AI Launch and AMD's Hawk Point Reveal Boost Tech Stocks Despite Controversy
December 7, 2023
On December 8, 2023, Google launched its new AI model, Gemini, capable of processing various types of data.
Gemini, despite falling short compared to OpenAI's GPT-4, surpasses existing models and human experts in various tests.
Google plans to enhance its chatbot Bard with Gemini's capabilities.
The launch of Gemini led to a surge in Google's shares but also raised doubts about Google's technology and integrity.
AMD announced its new lineup of mobile APUs, 'Hawk Point,' which outperformed Intel's 13th Gen mobile CPUs.
AMD's latest AI chip, the Instinct MI300, competes strongly with Nvidia, leading to gains in both AMD and GameStop stocks.
Advancements in AI by Google and AMD significantly impacted the stock market, with Alphabet's stock soaring by over 5% and the Nasdaq performing well.
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