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Netflix (NASDAQ: NFLX) has become synonymous with subscription video-on-demand -- a notable feat for a company that started its life as a DVD-by-mail rental service. Netflix recently revealed it was building a cloud gaming platform, promising to deliver its titles across an array of connected devices. With Netflix getting into the game streaming market, there is certainly lots for investors to be excited about.
Consumers also pulled back on purchasing PC components such as graphics processing units (GPUs), with worldwide shipments of the devices plunging 42% last year. AMD has been the focus of many headlines in recent months, thanks to its data center growth and potential in artificial intelligence (AI). As a result, you might be wondering if now is the time to buy AMD stock.
Microsoft (MSFT) reportedly cautions rival search engines that it may cut off access to its Internet-search data if they continue using it to develop their own AI chat products.