AMD Shares Slide on AI Assistant Launch Amid Broader Market Weakness
AMD shares fell 0.5% as the chipmaker launched 'Ross,' a new AI assistant for engineers designed to streamline chip, software, and board development. The launch did not significantly boost the stock, which is also being influenced by general market sentiment.
5% in morning trading Wednesday after the chipmaker introduced an AI assistant for engineers, adding a new software layer to its embedded computing business. Called Ross, the tool is designed to handle tasks across chip, software and board development. It can work from early design…