AMD Secures Key Intel Executive Amid Market Volatility

Advanced Micro Devices (AMD) has made a significant strategic move in the intensifying artificial intelligence race by recruiting a top executive from rival Intel. This personnel shift comes as AMD’s stock experiences a pullback from record highs, despite the company posting exceptionally strong quarterly results that surpassed market expectations.

In a notable industry development, AMD has successfully hired Saurabh Kulkarni, who previously served as Intel’s Vice President responsible for product management of AI systems and GPUs within the data center division. His final day at Intel was Friday, November 7. This recruitment occurs at a pivotal moment for AMD as it accelerates its challenge to Nvidia’s dominance Read more...