Wells Fargo Defends AMD as MI450 Delay Fears Weigh on Shares
Wells Fargo says AMD’s MI450 AI chips are not delayed, urges investors to buy the dip, and keeps a $345 price target.
/ 68 items
#AMD↓
Intel's Supply Crunch Opens Door for AMD's Server CPU Dominance
Intel's 10-K filing reveals foundry struggles and server CPU challenges while AMD capitalizes on supply advantages through TSMC partnership, gaining significant data center market share.
China Greenlights Nvidia H200 AI Chip Orders as Tech Giants Prepare Major Purchases
Chinese regulators grant approval for Alibaba, Tencent, and ByteDance to order Nvidia H200 AI chips, potentially unlocking $30 billion in revenue amid US-China trade tensions.
Riot Platforms Lands Major AMD Deal for AI Data Centers
Riot Platforms acquires 200-acre Texas site and signs $311M data center lease with AMD, marking pivot from Bitcoin mining to AI infrastructure with potential $1B revenue.
KeyBanc Turns Bullish on AMD: Strong AI and Server Demand Ahead
KeyBanc upgrades AMD to Overweight with a $270 price target, citing strong momentum in the company's AI accelerators, especially the MI355 and upcoming MI455 chips.
OpenAI and Amazon in Talks for $10 Billion AI Chip Deal
OpenAI is negotiating a $10 billion investment from Amazon to adopt Trainium chips, potentially valuing the AI company above $500 billion in a deal reshaping the AI hardware landscape.