HSBC Turns Bullish on AMD
Warning! GuruFocus has detected 3 Warning Signs with AMD.
Frank Lee at HSBC now figures these MI355 cards will go for about twenty-five thousand dollars eachup from his earlier guess of fifteen thousand. What makes it even sweeter is that they drop right into existing data-center gear, so customers can upgrade without ripping out their racks.
AMD CEO Lisa Su has been all about keeping things open, supporting every major AI framework and offering full-stack solutions. That freedom means buyers aren't tied to one vendor's ecosystem, which has helped turn heads in the market.
Looking ahead, HSBC thinks there's even more upside once AMD rolls out its MI400 series. The key things to watch will be how fast these new GPUs get picked up and whether partners keep embracing AMD's plug-and-play approach. If they do, that two-hundred-dollar target could look conservative.
This article first appeared on GuruFocus.
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