HSBC has upgraded Advanced Micro Devices (AMD) to 'Hold' and there is growing optimism about AMD's stock potential. The recent acquisition of Enosemi is expected to strengthen AMD's co-packaged optics offerings. This, alongside strong performances in artificial intelligence (AI) and the data centre sector, is providing momentum for growth. AMD's stock has also shown resilience amid an increasingly strong AI market and Nvidia's impressive quarter performance. Predictions suggest potential benefits for those investing in AMD long term. AMD's introduction of high-performance AI GPUs and CPUs at COMPUTEX 2025 insinuates growth despite China export headwinds. In collaboration with HUMAIN, a $10 billion AI infrastructure has been announced, hinting at their ambition to increase their AI role. AMD is also expanding its share buyback plan by $6 billion. Although there has been some bearish sentiment, the prevailing optimism indicates that AMD is well-positioned for both short-term and long-term growth.
Advanced Micro Devices AMD News Analytics from Fri, 14 Feb 2025 08:00:00 GMT to Sat, 31 May 2025 09:15:00 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 6
