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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 momentum in the data center and AI chip markets. AMD recently reported first-quarter revenue of…
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https://finance.yahoo.com/news/amazon-acquires-84-4-million-193343041.html
