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Amazon Acquires $84.4 Million Stake In AMD Amid AI Chip Expansion, Export Controls
benzinga.com/markets/equities/25/05/45244462/amazon-acquires-844-million-stake-in-amd-amid-ai-chip-expansion
Amazon.com Inc. (NASDAQ:AMZN) has purchased 822,234 shares of Advanced Micro Devices Inc. (NASDAQ:AMD) worth $84.4 million, according to a 13F regulatory filing with the Securities and Exchange Commission on Tuesday.
What Happened: The strategic investment comes as AMD continues to gain…
This story appeared on benzinga.com, 2025-05-07 06:12:17.