AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips

By Arsheeya Bajwa

(Reuters) – AMD investors will closely examine the chip designer’s artificial intelligence strategy when it reports fourth-quarter results on Tuesday as Big Tech’s shift to custom silicon raises doubts about its place in the AI infrastructure race.

Analysts expect AMD’s December-quarter revenue to surge over 22% to $7.53 billion, but the company’s growth prospects are shadowed by the dominance of Nvidia in the AI chip market and the rising trend of tech giants like…