Advanced Micro Devices (AMD) has been making notable industry advancements, raising its earnings to US$7 billion in a recent quarter. The direction of AMD's progress primarily revolves around AI, evident through recent surge in its stock price and development of AI chips. Bullish sentiment surrounding
AMD stems from its ambitious focus on AI, with several experts predicting a promising price forecast for
AMD to beyond 2030. Wall Street has expressed optimism over
AMD's AI push, leading to a rise in its stock prices. It's bolstered by a
new partnership with Microsoft and its 'Advancing AI' event showcasing a vibrant roadmap for the company's future in AI. Recently, experts and investment analysts, including Jim Cramer, have shown support for
AMD, further fueling its bullish activity. A strong case has been made for
AMD not merely being a close competitor to Nvidia, but potentially a smarter bet, especially with the advent of its MI400 AI Chips. Furthermore, the company has been noted for its product innovations such as AI server while expanding AI capabilities through
new partnerships. Evidence of this is the recent rumour of a possible partnership with AWS. Overall, these developments have made
AMD an attractive option for investors, particularly given the continuation of its AI advancements.
Advanced Micro Devices AMD News Analytics from Tue, 15 Apr 2025 07:00:00 GMT to Sat, 21 Jun 2025 17:15:19 GMT -
Rating 8
- Innovation 8
- Information 6
- Rumor 7
