Latest news with #InstinctMI350
Business Insider
21-07-2025
- Business
- Business Insider
‘Only the Beginning,' Says Investor About AMD Stock
Advanced Micro Devices (NASDAQ:AMD) stock offered little cause for celebration in the latter half of 2024 and into 2025. Despite generating strong revenue amid the ongoing AI boom, the chipmaker's share price tumbled, leaving investors out in the cold. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. That narrative, however, has shifted sharply in recent months. AMD's share price has skyrocketed 83% over the past three months, driven by renewed market optimism, a standout Q1 2025 earnings report, continued AI infrastructure investments by hyperscalers, and a landmark contract in Saudi Arabia. In fact, one investor, known by the pseudonym Cash Flow Venue (CFV), believes that AMD's 'rally has just begun,' citing product traction and international tailwinds as signs of more upside ahead. As supporting evidence, the investor points to the growing adoption of AMD's MI series GPUs by major tech players. With the Instinct MI350 already shipping and the MI400 expected to debut in 2026, AMD's data center strategy appears to be gaining real momentum. 'AMD doesn't slow down its pace, and while it still lags behind Nvidia, it doesn't have to overthrow it to secure a strong #2 position in the market, still securing high demand, growing and profitable sales, as well as customer relationships ensuring future growth prospects,' the investor added. CFV is also buoyed by some recent regulatory developments, as the Trump administration has indicated its willingness to allow the export of advanced AI chips to China. This could reopen the door for AMD's advanced AI chips, specifically the MI308, to be exported to China. Keep on Buying AMD Stock Taken together, these developments give the investor confidence that AMD's rally still has legs, even with the stock trading at a heightened EV-to-EBITDA multiple of 36.8x. 'Given robust financials, product innovation, and renewed China access, I am raising my AMD rating to Strong Buy for continued upside potential,' exclaims CFV. (To watch Cash Flow Venue's track record, click here) Wall Street, meanwhile, shows a mixed stance. AMD holds a Moderate Buy consensus rating based on 25 Buys and 10 Holds. However, the average 12-month price target of $144.45 suggests the stock may be overvalued by ~8% at current levels. (See AMD stock forecast) To find good ideas for AI stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Economic Times
15-07-2025
- Business
- Economic Times
AMD stock soars 8% as new AI chips take aim at Nvidia's throne — is a power shift coming?
What's making AMD stock jump and why are analysts suddenly bullish? Live Events Could AMD's MI400 series take the fight directly to Nvidia's Vera Rubin platform? Is this breakout real or just a short-term bounce? $175 is the next resistance point — near last year's highs. is the next resistance point — near last year's highs. A break above could open the path toward $200 to $215 , which aligns with HSBC's bullish forecast and past 2024 peaks. , which aligns with HSBC's bullish forecast and past 2024 peaks. On the downside, if momentum stalls, $135 is the first major support, with deeper support sitting near $115 — both key buying zones for long-term investors. Short-term AMD stock prediction Bullish trend likely to continue in the near term, especially if AMD breaks above key resistance at $175 . in the near term, especially if AMD breaks above key resistance at . If buying pressure stays strong, the stock could test $200–$215 in the coming weeks — a zone aligned with HSBC's new target and 2024 highs. in the coming weeks — a zone aligned with HSBC's new target and 2024 highs. Next catalyst: AMD's Q2 earnings on August 5, where investors will watch for updates on MI350 chip adoption and enterprise AI deals. Long-term AMD stock outlook 2026 and beyond: AMD's roadmap includes the MI400 series with massive specs like 432 GB of HBM4 memory, designed to challenge Nvidia's future Vera Rubin platform. AMD's roadmap includes the MI400 series with massive specs like 432 GB of HBM4 memory, designed to challenge Nvidia's future Vera Rubin platform. If AMD gains meaningful share in AI accelerators — especially among cloud giants like Microsoft, Meta, Oracle, and OpenAI — the stock could see structural upside. Risks include Nvidia's stronghold with the CUDA ecosystem and AMD's need to expand its ROCm developer base. What risks should investors watch as AMD challenges Nvidia? Is a power shift really coming in the AI chip race? FAQs: (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Advanced Micro Devices Inc. (NASDAQ: AMD) surged 7.9% on Tuesday, closing at $157.79, after HSBC upgraded the stock and nearly doubled its price target to $200. The boost came as analysts and investors digested new details about AMD's latest AI chips — the Instinct MI350 series — which analysts now say could directly challenge Nvidia's Blackwell lineup, while costing roughly 30% rally isn't just about price movement. It's part of a bigger shift in the AI chip race, where AMD, once seen as a second-tier competitor, is now stepping up as a serious rival to Nvidia's dominance in AI data center excitement started when HSBC upgraded AMD from 'Hold' to 'Buy' and raised its price target from $100 to $200, citing the strength of the new MI350 chips, particularly the MI355X, which delivers 22 terabytes per second (TB/s) of memory bandwidth — nearly three times that of Nvidia's Blackwell B200, which stands at around 8 TB/ makes this even more eye-catching is the price. At approximately $25,000 per chip, AMD's MI350 chips are expected to be 30% cheaper than Nvidia's comparable offerings, according to HSBC's note covered by MarketWatch and Barron' this isn't all. The company already has key customers lined up — Oracle, Microsoft, Meta, and OpenAI — putting real momentum behind what could be AMD's strongest push into AI further ahead, AMD is already preparing its next big leap with the MI400 series, scheduled to launch in 2026. These chips, part of AMD's AI accelerator roadmap, will reportedly include 432GB of HBM4 memory, and are designed for rack-scale infrastructure, aligning with broader data center trends like helios also has strategic alignments forming with OpenAI and other cloud titans, which could give it an edge as demand for generative AI hardware continues to explode. Reports from Investopedia, Nasdaq, and TechRadar have highlighted how AMD's roadmap now places it squarely in competition with Nvidia's upcoming, which had been seen as the uncontested future standard just a year AMD is on fire. The stock just broke out of a flag pattern, which typically signals a strong continuation trend. Trading volume surged to a one-week high, and momentum indicators such as Relative Strength Index (RSI) and moving averages are flashing bullish signals, according to technical breakdowns from while the chart looks strong, the real test will come during AMD's next earnings report on August 5, and any new announcements on chip shipments or cloud the excitement, Nvidia still holds the crown when it comes to software dominance — especially through its CUDA ecosystem, which boasts over 5 million developers. AMD, meanwhile, continues to build out its competing ROCm platform, but it's not yet as mature or widely execution risk remains. AMD needs to deliver its chips on time, at scale, and with performance that matches the hype. Analysts from firms like Goldman Sachs remain cautious, noting that AMD's market share in AI accelerators is still in early latest jump isn't just a reaction to an analyst upgrade. It signals a broader change in how investors view the company's place in the rapidly growing AI market. With the MI350 chips already drawing comparisons to Nvidia's best — and doing it at a lower price — AMD is proving it's no longer just playing with the MI400 series already in development, AMD may finally be ready to move from challenger to co-leader in AI data centers. But how much ground it gains will depend on execution, software traction, and how Nvidia the battle heats up, investors should keep a close eye on, and most importantly,— because this AI story is just getting release of MI350 AI chips and a major HSBC upgrade pushed AMD stock up 8%.Yes, AMD's MI350 chips offer high bandwidth and are 30% cheaper than Nvidia's Blackwell GPUs.
Time of India
15-07-2025
- Business
- Time of India
AMD stock soars 8% as new AI chips take aim at Nvidia's throne — is a power shift coming?
What's making AMD stock jump and why are analysts suddenly bullish? Live Events Could AMD's MI400 series take the fight directly to Nvidia's Vera Rubin platform? Is this breakout real or just a short-term bounce? $175 is the next resistance point — near last year's highs. is the next resistance point — near last year's highs. A break above could open the path toward $200 to $215 , which aligns with HSBC's bullish forecast and past 2024 peaks. , which aligns with HSBC's bullish forecast and past 2024 peaks. On the downside, if momentum stalls, $135 is the first major support, with deeper support sitting near $115 — both key buying zones for long-term investors. Short-term AMD stock prediction Bullish trend likely to continue in the near term, especially if AMD breaks above key resistance at $175 . in the near term, especially if AMD breaks above key resistance at . If buying pressure stays strong, the stock could test $200–$215 in the coming weeks — a zone aligned with HSBC's new target and 2024 highs. in the coming weeks — a zone aligned with HSBC's new target and 2024 highs. Next catalyst: AMD's Q2 earnings on August 5, where investors will watch for updates on MI350 chip adoption and enterprise AI deals. Long-term AMD stock outlook 2026 and beyond: AMD's roadmap includes the MI400 series with massive specs like 432 GB of HBM4 memory, designed to challenge Nvidia's future Vera Rubin platform. AMD's roadmap includes the MI400 series with massive specs like 432 GB of HBM4 memory, designed to challenge Nvidia's future Vera Rubin platform. If AMD gains meaningful share in AI accelerators — especially among cloud giants like Microsoft, Meta, Oracle, and OpenAI — the stock could see structural upside. Risks include Nvidia's stronghold with the CUDA ecosystem and AMD's need to expand its ROCm developer base. What risks should investors watch as AMD challenges Nvidia? Is a power shift really coming in the AI chip race? FAQs: (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Advanced Micro Devices Inc. (NASDAQ: AMD) surged 7.9% on Tuesday, closing at $157.79, after HSBC upgraded the stock and nearly doubled its price target to $200. The boost came as analysts and investors digested new details about AMD's latest AI chips — the Instinct MI350 series — which analysts now say could directly challenge Nvidia's Blackwell lineup, while costing roughly 30% rally isn't just about price movement. It's part of a bigger shift in the AI chip race, where AMD, once seen as a second-tier competitor, is now stepping up as a serious rival to Nvidia's dominance in AI data center excitement started when HSBC upgraded AMD from 'Hold' to 'Buy' and raised its price target from $100 to $200, citing the strength of the new MI350 chips, particularly the MI355X, which delivers 22 terabytes per second (TB/s) of memory bandwidth — nearly three times that of Nvidia's Blackwell B200, which stands at around 8 TB/ makes this even more eye-catching is the price. At approximately $25,000 per chip, AMD's MI350 chips are expected to be 30% cheaper than Nvidia's comparable offerings, according to HSBC's note covered by MarketWatch and Barron' this isn't all. The company already has key customers lined up — Oracle, Microsoft, Meta, and OpenAI — putting real momentum behind what could be AMD's strongest push into AI further ahead, AMD is already preparing its next big leap with the MI400 series, scheduled to launch in 2026. These chips, part of AMD's AI accelerator roadmap, will reportedly include 432GB of HBM4 memory, and are designed for rack-scale infrastructure, aligning with broader data center trends like helios also has strategic alignments forming with OpenAI and other cloud titans, which could give it an edge as demand for generative AI hardware continues to explode. Reports from Investopedia, Nasdaq, and TechRadar have highlighted how AMD's roadmap now places it squarely in competition with Nvidia's upcoming, which had been seen as the uncontested future standard just a year AMD is on fire. The stock just broke out of a flag pattern, which typically signals a strong continuation trend. Trading volume surged to a one-week high, and momentum indicators such as Relative Strength Index (RSI) and moving averages are flashing bullish signals, according to technical breakdowns from while the chart looks strong, the real test will come during AMD's next earnings report on August 5, and any new announcements on chip shipments or cloud the excitement, Nvidia still holds the crown when it comes to software dominance — especially through its CUDA ecosystem, which boasts over 5 million developers. AMD, meanwhile, continues to build out its competing ROCm platform, but it's not yet as mature or widely execution risk remains. AMD needs to deliver its chips on time, at scale, and with performance that matches the hype. Analysts from firms like Goldman Sachs remain cautious, noting that AMD's market share in AI accelerators is still in early latest jump isn't just a reaction to an analyst upgrade. It signals a broader change in how investors view the company's place in the rapidly growing AI market. With the MI350 chips already drawing comparisons to Nvidia's best — and doing it at a lower price — AMD is proving it's no longer just playing with the MI400 series already in development, AMD may finally be ready to move from challenger to co-leader in AI data centers. But how much ground it gains will depend on execution, software traction, and how Nvidia the battle heats up, investors should keep a close eye on, and most importantly,— because this AI story is just getting release of MI350 AI chips and a major HSBC upgrade pushed AMD stock up 8%.Yes, AMD's MI350 chips offer high bandwidth and are 30% cheaper than Nvidia's Blackwell GPUs.
Miami Herald
06-07-2025
- Business
- Miami Herald
Amid AI boom, veteran analyst reboots AMD, Supermicro stock price targets
Nvidia (NVDA) stock typically hogs all the AI spotlight, but if you look at the bigger picture, two other names deserve a deeper look. AMD (AMD) and Super Micro Computer (SMCI) stock have been silently positioning themselves at the heart of AI's next big upgrade cycle. Don't miss the move: Subscribe to TheStreet's free daily newsletter The former is pushing for new GPUs to hyperscalers, desperate for an alternative, while the latter is building the racks that make all that horsepower usable at scale. With that said, a bold and fresh analyst take this week shows why these tech giants are poised to chip away at Nvidia's massive lead. Image source: Cheng/Getty Images One thing is clear from recent weeks: Nvidia's AI crown isn't as untouchable as it looks on paper. AMD, in particular, has been showing that it isn't content playing second fiddle. CEO Lisa Su recently dropped a bombshell at the company's big "Advancing AI" event, unveiling the new Instinct MI350 series. These powerful new GPUs are built to supercharge AI, delivering up to four times more compute performance and a 35× boost in inference. More importantly, the top AI juggernauts in Meta, Microsoft, and OpenAI are already kicking the tires on these chips. That shows the bellwethers in the hyperscaler space are itching for a serious Nvidia alternative. Related: Cathie Wood makes surprising chip bet as AI battle heats up While AMD fires up the accelerator race, Supermicro is locking down the racks to run them. Though it was primarily a key player in motherboards and chassis, Supermicro now considers itself a leading hyperscale AI systems powerhouse. Last month, Saudi-based DataVolt signed a jaw-dropping $20 billion multi-year deal to deploy Supermicro's liquid-cooled GPU racks across AI campuses in Saudi Arabia and the U.S. Such an enormous order indicates that Supermicro's modular, dense, and energy-efficient designs are critical in powering AI mega-centers. Nvidia still calls the shots in the AI space, but AMD's MI350X ramp and Supermicro's hyperscale push highlight room for major competition. More Tech Stock News: Analyst reboots IonQ stock price target for surprising reasonApple could make big change to Siri, delight fansVeteran analyst issues big Broadcom call, shakes up AI stock race And with the MI400 series and Helios AI Rack on deck for next year, it's clear AMD and Supermicro are gunning to rewrite the script on AI. Mizuho's latest bullish note shows how AMD and Supermicro offer strong upside for chipmakers looking to feed AI's insatiable compute appetite. Mizuho analyst Vijay Rakesh stuck with his Outperform call on AMD stock but raised his 12-month price target to $152 from $135. That implies a 10.2% bump from Thursday's close at $137.91 and a 12.6% increase from the previous price target. Rakesh called out a "slightly better MI355X ramp" in the second half of this year. That's huge, considering the new Instinct series is arguably AMD's most promising play at challenging Nvidia's AI accelerator dominance. Hyperscalers want alternatives, and AMD's open-standard hardware is firmly on their radars. Related: Analyst reboots AMD stock price target on chip update Still, Mizuho didn't sugarcoat everything. It left its near-term numbers mostly unchanged, keeping the June-quarterly sales forecast at $7.40 billion and EPS at 47 cents, both just shy of consensus. For the full year, Rakesh has trimmed its EPS slightly to $3.90. Nevertheless, the real story is what happens next, with AMD's robust margin mix and high-end AI chips offsetting any short-term softness. Over at Supermicro, Rakesh sees plenty to like, too. He nudged his price target to $47 from $40, a healthy 17.5% bump, while keeping a Neutral rating. The veteran analyst believes the demand for AI servers is running hot. Sizeable shipments for Tier-2 Microsoft Azure partners, plus a steady drumbeat of orders for Supermicro's liquid-cooled GPU, point to an excellent runway ahead. Also, Rakesh models the Saudi Arabia DataVolt deal, adding $2.5 billion in annual sales starting next year, highlighting a massive ramp-up in top-line expansion. Related: Google's quiet AI win spells trouble for Amazon The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Business Insider
05-07-2025
- Business
- Business Insider
Is AMD Stock a Buy Now? Technical Indicators Suggest Yes
Advanced Micro Devices (AMD) is poised for growth driven by surging demand for AI infrastructure and data center chips. Its latest Instinct MI350 GPUs and upcoming MI400 series are gaining traction among hyperscalers, helping AMD close the gap with Nvidia (NVDA) in the AI inference market. Further, technical indicators point to bullish momentum, with AMD stock rated a Buy, implying further upside from current levels. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Analyzing AMD Stock's Technical Indicators According to TipRanks' easy-to-understand technical analysis tool, AMD stock is currently on an upward trend. The stock's 50-day Exponential Moving Average (EMA) is 119.81, while its price is $137.91, implying a bullish signal. Further, its shorter duration EMA (20 days) also signals a Buy. Moreover, the Rate of Change (ROC) is a momentum-based technical indicator. It measures the percentage change in a stock's price between the current price and the price from a specific number of periods ago. Typically, a ROC above zero confirms an uptrend. AMD stock currently has an ROC of 14.35, which signals a Buy. Another technical indicator, Williams %R, helps traders see if a stock is overbought or oversold. For AMD, Williams %R currently shows a Buy signal, suggesting the stock is not overbought and has room to run. Is AMD a Good Stock to Buy? On TipRanks, AMD stock has a Moderate Buy consensus rating based on 24 Buys and 10 Holds assigned in the last three months. The average AMD price target of $132.76 suggests a downside potential of 3.73% from its current price. In the past three months, shares of the company have gained about 64.89%.
