🟢 Advanced Micro Devices, Inc. up 5.4% as it claims next-gen server chips will outperform Nvidia's

Advanced Micro Devices, Inc. is trading 5.4% up at $49.55, fueled by company-specific news regarding its next-generation server processors.

• On June 11, AMD released early benchmarks and claims for its upcoming Zen 6 EPYC "Venice" server CPUs.
• The company claims its new chips will deliver significantly higher rack-level performance and power efficiency, directly challenging rival Nvidia's recently unveiled "Vera" CPUs.