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via seekingalpha.comTech & AI

AMD records $1B quarterly charge tied to warrants issued to OpenAI, Meta

FROM THE WIRE · SEEKINGALPHA.COM

AMD took a $1.1B Q3 noncash charge tied to AI chip deals with OpenAI and Meta. Read more.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA noncash charge tied to AI chip deals can affect how AMD's results are perceived.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01AMD took a $1.1B Q3 noncash charge tied to AI chip deals.
  2. 02The deals involve OpenAI and Meta.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Advanced Micro Devices, Inc.AMDStock483.90 USDMarket closedtoday +3.65%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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