Analyst Says Advanced Micro Devices (AMD) Can Get $25 Billion in GPU Sales With Just 5% Market Share
Ben Reitzes, Melius Research managing director, recently said in a program on CNBC that Nvidia getting the permission to start selling AI chips in China is also 'great' for Advanced Micro Devices Inc (NASDAQ:AMD). He believes AMD could benefit if it manages to get even 5% of the total market share amid a rise in inference.
'Our thesis on Advanced Micro Devices Inc (NASDAQ:AMD) is I mean how could they—Lisa Su is real. She's great. She's very compelling. Nothing against Jensen, but how do they not get like 5% share of the market? Not even 10. If they get 5% of the market in 2028, that's 25 billion in GPU sales. That's like 950, 10 bucks in earnings. So, our bet on Advanced Micro Devices Inc (NASDAQ:AMD) is they have a good product. It's really good for inferencing and people are going to give them a look. So, we're hearing, you know, like Meta's a little more interested in some of the new stuff. X, XAI, OpenAI really interested. So our thesis there now, China for them is it could be like add 20% plus to their AI revenue, but they don't have—they just have one, the old chip they were selling. We need to hear about more chips to get more confident, but it's great for Advanced Micro Devices Inc (NASDAQ:AMD). Don't get me wrong. It's great for AMD.'
Photo by Vishnu Mohanan on Unsplash
Advanced Micro Devices (NASDAQ:AMD) bulls believe the market should stop comparing the company's chips with Nvidia and focus on its data-center growth and its competitive edge over other players like Intel. Advanced Micro Devices (NASDAQ:AMD)'s strong growth in the data center segment is indeed impressive, driven by Instinct GPU shipments and strong sales of EPYC CPUs. Advanced Micro Devices (NASDAQ:AMD) will continue to benefit from organic growth catalysts in this segment despite the competition from Nvidia. According to Goldman Sachs Research, global data center demand could surge by 160% by 2030. In the U.S., data centers are projected to use 8% of total power by 2030, up from 3% in 2022. McKinsey estimates that adding the required U.S. capacity will need over $500 billion in infrastructure investment by the decade's end.
Longriver Partners Fund stated the following regarding Advanced Micro Devices, Inc. (NASDAQ:AMD) in its second quarter 2025 investor letter:
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
24 minutes ago
- Yahoo
The Democratic Party's Brand Is Cooked
Voters have increasingly little faith in the Democrats, a new Wall Street Journal poll found, with the party reaching its lowest favorability rating in more than three decades. Voters overwhelmingly believe that Republicans are better able to handle key issues in Congress than Democrats. The survey found that the majority of voters, 63 percent, have an unfavorable view of the Democratic Party. Only 33 percent hold a favorable view. This is the most unpopular that Democrats have been according to Journal polls dating back to 1990. As President Donald Trump enacts an increasingly authoritarian agenda and provides little economic benefit to the average American, Democrats are hopeful anti-Trump backlash will give them a strong showing in the 2026 midterm election. While slightly more people expect to vote for Democrats next year than Republicans, according to the Journal poll, Democrats' overall favorability has only dropped since Trump took office. 'The Democratic brand is so bad that they don't have the credibility to be a critic of Trump or the Republican Party,' John Anzalone, a Democratic pollster who worked on the survey, told the Journal. 'Until they reconnect with real voters and working people on who they're for and what their economic message is, they're going to have problems.' Anzalone's firm, which consulted for both President Joe Biden and Vice President Kamala Harris' presidential campaigns, worked on the survey with Trump pollster Tony Fabrizio. According to the survey, voters think Republicans in Congress are more capable at handling the economy, inflation and rising prices, tariffs, immigration, 'illegal' immigration, the Russia-Ukraine war, and foreign policy. On the topic of 'illegal' immigration, 48 percent have their faith in Republicans and 24 percent choose Democrats. Democrats scored higher on health care and vaccine policy. Both parties tied at 37 percent on the issue of looking out for middle class families. 'As much as I fully believe that Democrats are not doomed for all eternity, I also believe that many Democrats aren't quite grappling with the serious credibility problems the party still faces,' Democratic operative Tré Easton posted on X. 'The podcasts and everything are real cute, but we've got work to do.' Democrats also scored low in a Quinnipiac poll released earlier this month. In that survey, approval of congressional Democrats reached a new low of 19 percent, with 72 percent of voters saying they disapproved. 'This is a record low since March 2009 when the Quinnipiac University Poll first began asking this question of registered voters,' the university wrote. The Quinnippiac poll found that even registered Democrats disapproved of the party: Thirty-nine percent approved of how Democrats in Congress were handling their jobs, while 52 percent disapproved. Among registered Republicans, 77 percent approved of how Republicans are operating in Congress. In the findings from the Journal, voters are mixed on Trump. About half, or 55 percent, of voters say the country is headed in the wrong direction. This is down from 70 percent in January, meaning voters have become more optimistic since Trump took office, yet Trump is not wildly popular. He has a favorability rating of 45 percent, and an unfavorability rating of 52 percent. A total of 46 percent approve of what Trump is doing as president, and 52 percent disapprove. Fifty-three percent disapprove of Trump's handling of the economy, while 44 percent approve. On the issues of inflation, tariffs, immigration, looking out for middle class families, health care, vaccine policy, foreign policy, and the Russia-Ukraine war, voters disapprove of the job Trump is doing. On the topic of 'illegal' immigration, though, 51 percent approve and 49 percent disapprove. The Republican Party is not wildly popular either, though, with 54 percent of voters having an unfavorable view, compared to the 43 percent who have a favorable view. More from Rolling Stone Trump Claims Someone May Have Forged His Signature on Birthday Letter to Epstein I Worked With Stephen Colbert. Here's Why His Cancellation Should Scare You Yes, America Is an Oligarchy Best of Rolling Stone The Useful Idiots New Guide to the Most Stoned Moments of the 2020 Presidential Campaign Anatomy of a Fake News Scandal The Radical Crusade of Mike Pence
Yahoo
24 minutes ago
- Yahoo
Blues Have Big Move To Make With Breakout Forward
The St. Louis Blues' decision to tender an offer sheet to forward Dylan Holloway this past off-season undoubtedly proved to be a great decision. After the Edmonton Oilers elected not to match the Blues' two-year, $4,580,914 offer sheet for Holloway, he broke out in a major way in his first season with St. Louis.
Forbes
26 minutes ago
- Forbes
Samsung's Galaxy Z Fold 7 Regains Foldable Throne After Years
The Galaxy Z Fold 7 is so thin Ben Sin Over a 12-month stretch between 2019 and 2020, Samsung invented the foldable phone industry that we know today. In 2019, it was the South Korean tech giant which released the first functional, useable foldable phone (I had to add the descriptive caveats because a now-bankrupted Chinese company named Royole had rushed out a foldable phone before Samsung, but it was only sold in China and did not operate too well), and then a year later, Samsung also released the first flip phone style compact foldable. Fold 7 in the hand Ben Sin But while Samsung pioneered the tech, Chinese brands soon took that idea and began engineering superior foldable hardware. Starting in 2021, when Huawei released the Mate X2, all the way to last year, when Oppo released the Find N5, Chinese foldable phones were flat out superior in hardware in almost every way that mattered: they were thinner, lighter, with bigger batteries, bigger camera sensors, and screens with a less prominent crease at the folding point. Samsung's 2022 foldable, Fold 4 (left) next to Xiaomi's 2022 foldable (right). Look at the difference in thickness. Yet Xiaomi's foldable had a larger battery and better cameras. Ben Sin It took a few years, but Samsung has finally stepped up, and its new Galaxy Z Fold 7 features hardware that more than catches up — and even surpasses — the competition. Significantly thinner compared to last generation The new Fold 7 (left) next to the Fold 6 Ben Sin The biggest change to the Fold 7 is that it has slimmed down drastically. Last year's Fold 6 measured 12.2mm thick when folded. This year's Fold 7 measures just 8.9mm, which is either the number one or two thinnest in the industry right now (Honor is claiming to be thinner at 8.8mm but there have been some disputes). The three latest foldable phones right now Ben Sin If you compare the Fold 7 just against previous Samsung foldables, the new thinness is absolutely jaw-dropping. The phone is also much lighter, at 217g, compared to 239g last year. From worst crease to arguably best crease Samsung's Fold 7 also reduces the display crease at the folding point. The crease is still noticeable if you actively look for it, but it is not as deep or jarring as previous generations of Samsung foldables. Fold 7 screen Ben Sin The method by which Samsung used to reduce the crease appears to be the exact same method Chinese brands have been using for years: allowing a small amount of space in the hinge for the screen to fold in a curved form instead of a straight fold. (The below marketing image is from Chinese brands OPPO/OnePlus, but Samsung's hinge uses this same mechanism to reduce the crease). This is a marketing image released by OPPO/OnePlus for its foldable phone two years ago. But Samsung's hinge now uses this same mechanism. OnePlus But to my eyes, Samsung's Fold 7 crease is even less noticeable (shallower) than the crease in all my other Chinese foldable phones. I feel like the crease in my Honor Magic V5 and Vivo X Fold 5 (both just as new as the Fold 7), has slightly deeper grooves at the folding point. In other words, Samsung's crease went from the worst in the industry to the best. This isn't new tech, however I need to make clear here that almost every improvement the Fold 7 has made -- slimming down, reducing crease -- are not new tech, and in fact, Samsung is merely catching up to the Chinese competition. For me, who has seen all the latest Chinese foldables, the Fold 7 makes me think "about time" more than "wow this is so amazing." Fold 7 in the hand Ben Sin However, Chinese foldables are not available worldwide (they're virtually non-existent in North America and South Korea). So for people who have only seen Samsung's foldables in the past, the Fold 7 will appear very, very impressive to them. Other bits make the Fold 7 the most polished foldable Fold 7 in folded form Ben Sin In addition to the new slimdown and display, the Fold 7 brings back the best-in-class hinge (which has always been a strength of Samsung foldables). The Fold 7 is also powered by a special edition of Qualcomm's Snapdragon 8 Elite that's a bit over-clocked, so it is technically the most powerful silicon in the Android realm right now. Add all these things together, and one can make a case that the Samsung Fold 7 hardware is the best in the industry. This was something I could not say from 2021 to 2024. The camera system of the Fold 7, however, are just solid, but unremarkable. There's a new 200-megapixel main camera that can grab some good looking images, but the 10-megapixel 3X zoom lens is dated, and falls behind the Periscope cameras offered by Chinese competition. The 12-megapixel ultrawide is solid if shooting under good lighting scenarios. Overall, Samsung's camera system is fine for a foldable, but does fall behind Vivo's last two generation of foldable cameras. Fold 7 Ben Sin Battery capacity is also on the low side compared to the competition, at 4,400 mAh. Other foldables, like the Honor Magic V5 or Vivo X Fold 5, pack batteries north of 5,500 mAh in a similar form factor. That's because Chinese brands use a new battery tech known as silicon carbon that is more energy-dense. Samsung has so far avoided using this new battery tech. Considering Samsung's past history with batteries, it is understandable why the company is cautious, but I do need to point out Chinese foldables have been using these batteries for two years and I have not heard any reports of them malfunctioning. Still, the Fold 7 battery life should be enough to last an average Joe all day. I am a heavy user who is always outside (I do not work a 9-5, and I do not like to sit at home), and this phone could still last me about 10 hours of use. For a less active person, who's stuck in the office 8-9 hours a day, or who drives everywhere, the Fold 7 will be able to finish their entire day with enough juice to spare. The Fold 7 is a hit at home in Korea, and will be worldwide Reports out of South Korea show the Galaxy Z Fold 7 is a major hit in its home country, as it has shattered Samsung's pre-order records. And I think the Fold 7 will have similar success worldwide (maybe except inside China, where Samsung has almost no market presence). Fold 7's outside screen next to the Fold 6. Ben Sin Despite Chinese foldables being clearly superior the past few years, various factors (some out of their control) have prevented Chinese foldables from reaching mainstream appeal. Samsung's superior brand power, marketing, and physical retail presence has kept its outdated foldables the last couple years afloat; now that Samsung actually has up-to-date, bleeding edge hardware? I expect the Fold 7 to be a hit from U.K. to Germany, Hong Kong to Singapore. As a tech reviewer, I must still say: about time, Samsung. Now let's not wait four years until your next hardware push.
