Latest news with #HGXB200
Business Insider
11-07-2025
- Business
- Business Insider
‘Time to Load Up,' Says Frank Lee About AMD Stock
Things are finally looking up for Advanced Micro Devices (NASDAQ:AMD) in the AI game. While AMD was initially seen as a genuine contender at the onset of the AI boom, sentiment quickly turned bearish as many Street watchers concluded that the company wouldn't be able to mount a serious challenge to Nvidia's dominance in the space. 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. A prime example is HSBC's Frank Lee, who back in January downgraded his rating on AMD to Reduce. At the time, Lee cited concerns over the company's 'weaker FY26e AI revenue outlook,' arguing that AMD's AI GPU roadmap seemed less competitive compared to peers. However, Lee's stance has shifted dramatically over the past few months. After first upgrading AMD to Hold, he's now gone all-in on the bullish case, bumping his rating up to Buy and doubling his price target to $200 (from $100). In fact, with this latest upgrade, Lees now shares the Street's most bullish outlook for the chipmaker as his new join-high target factors in a 12-month gain of ~39%. (To watch Lee's track record, click here) The catalyst for Lee's newfound enthusiasm lies in AMD's recent launch of the MI350 series. The performance improvements demonstrated by these chips, especially in comparison to Nvidia's latest-generation HGX B200 AI GPU, caught Lee by surprise. As a result, he now expects a much higher pricing premium than previously forecast (with an ASP for the MI355 of $25,000 vs. his prior $15,000 estimate), a development that could boost AMD's earnings through 2025 and 2026. Lee's updated forecast calls for FY26e AI revenue of $15.1 billion, sitting 57% above the current consensus estimate of $9.6 billion. These tailwinds could become evident sooner rather than later. Lee believes the 'pricing surprise' from the MI350 series may begin to show up as early as the second half of this year. With AMD's FY25 product mix expected to be dominated by the MI350, the analyst is forecasting a meaningful ramp-up in the back half of 2025. While management recently flagged a revenue shortfall of $1.5 billion due to export curbs (split between $700 million in Q2 and $800 million in Q3), Lee contends that the stronger pricing and improved product mix from the MI350 line will more than compensate. Accordingly, he has raised his 2025 AI GPU revenue forecast to $8.5 billion – 34% above Street expectations. Looking further ahead, Lee sees even greater potential on the horizon. The anticipated launch of the MI400 series in 2026 – AMD's first full-scale rack architecture designed to go head-to-head with Nvidia's latest Vera Rubin platform – could provide another round of upside, thanks to expected performance upgrades and robust pricing power. 'Hence,' Lee says, 'we now expect that upside to FY26e AI revenue will lead to higher re-rating to AMD that is not fully priced in by the market…' That's the new AMD bull case in a nutshell. But what about the broader consensus? As it stands, with 25 Buys and 10 Holds, the analyst community rates AMD a Moderate Buy. However, the average price target of $134.03 suggests shares could actually fall by 7% in the coming months. Given the discrepancy, watch out for other price target hikes or rating downgrades to follow. (See AMD stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
10-07-2025
- Business
- Yahoo
CoreWeave Unleashes Blackwell Power
CoreWeave (NASDAQ:CRWV) has just unlocked the latest NVIDIA (NASDAQ:NVDA) Blackwell GPUs on its AI cloud, so now you can launch RTX PRO 6000, GB200 or HGX B200 instances in a flash. According to CTO Peter Salanki, this mix of powerful hardware and a platform built specifically for AI gives teams serious firepower without breaking the bank. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Instead of buying huge on-prem clusters and waiting weeks for setup, you can prototype models or run graphics pipelines on demand. Just spin up the instance you need, work at full throttle, and stop when you're done. By leading with this cutting-edge architecture, CoreWeave wants to become the go-to spot for anyone pushing AI's limits. It'll be telling to see how quickly developers jump in and what performance gains they report. If adoption takes off, we could see budgets shift away from buying racks of GPUs toward tapping cloud services whenever extra horsepower is required. That shift might rewrite the playbook for scaling high-end compute. This article first appeared on GuruFocus.
Yahoo
10-07-2025
- Business
- Yahoo
AMD's Latest AI Chips Are on Par With Nvidia's Blackwell GPUs, HSBC Says
The performance of Advanced Micro Devices' latest AI chips is on par with Nvidia's current Blackwell chips, HSBC analysts said. In a note Thursday, HSBC analysts upgraded their rating on AMD to a 'buy' from a 'hold' and doubled their price target to $200. AMD shares are jumping Thursday, while those of Nvidia's are little performance of Advanced Micro Devices' (AMD) latest AI chips is on par with those from Silicon Valley rival Nvidia's (NVDA), HSBC analysts said. In a note Thursday, HSBC analysts upgraded their rating on AMD to a 'buy' from a 'hold' and doubled their price target to $200, noting that AMD's latest series of chips can compete with Nvidia's Blackwell GPUs. AMD launched its Instinct MI350 Series GPUs last month, claiming the chips offered four times more computing power than its previous generation. 'With the recent launch of the MI350 series, we were pleasantly surprised with the performance upgrades which imply that the MI350 series can compete with Nvidia latest-gen HGX B200 AI GPU,' HSBC analysts wrote. "Owing to the performance enhancements, the pricing premium is much higher than expected earlier which could help drive upside to earnings in 2025 and 2026." The analysts, led by Frank Lee, also wrote that there was further upside possible for AMD shares when the chipmaker launches its MI400 series next year, which could compete with Nvidia's next-generation Vera Rubin platform—scheduled for the second half of 2026. AMD unveiled the MI400 last month in an event hosted by CEO Lisa Su and Sam Altman, CEO of OpenAI, which has signed on as a customer for the next-gen chips. AMD shares are rising more than 4% to $144 in early Thursday trading, having gained around a fifth of their value this year. Shares in Nvidia, which briefly became the world's most valuable company with an over $4 trillion market cap Wednesday, are little changed. Read the original article on Investopedia Sign in to access your portfolio
CNBC
10-07-2025
- Business
- CNBC
This chipmaker is catching up to Nvidia and can soar 45%, HSBC says
Advanced Micro Devices' latest chip release has thrust the company back into the AI game with a potential to rival Nvidia, according to HSBC. Analyst Frank Lee upgraded the chipmaker to buy from hold with a revised price target of $200, which suggests a whopping 44.5% potential upside for the stock. Lee's previous price target on shares was $100. According to Lee, AMD's recently launched MI350 series has a significant pricing premium and performance upgrades that can compete with Nvidia Blackwell line — specifically its latest-gen HGX B200 AI graphics processing unit. He wrote that he is now "turning bullish as we think AI GPU pipeline will surprise with higher-than-expected MI350 pricing premium." The impact of this MI350 pricing surprise could materialize as soon as the second half of this year, the analyst said. "With performance comparable to Nvidia's B200, we now believe the ASP for MI355 can be USD25k (vs previous assumption of USD15k)," he said. "We now expect that upside to FY26e AI revenue will lead to higher re-rating to AMD that is not fully priced in by the market despite the 14% share price rally post its AI day event." AMD during its June 12 Advancing AI event launched the AMD Instinct MI350 Series GPUs , which includes the Instinct MI350X and Instinct MI355X. The company is also planning to release its full-server Helios AI rack in 2026, which would be built on its next-gen Instinct MI400 Series GPUs. These chips would compete with Nvidia's Blackwell line of processors, AMD CEO Lisa Su said last month. Lee expects AMD has significant upside to its fiscal year 2026 AI revenue given the pricing premium of its MI350 line compared to Nvidia's offerings. The MI350 chips are also attractive as they can be deployed using existing data center infrastructure, he added. Shares popped 2% after the upgrade. Year to date, AMD has gained 14.6%.
Yahoo
14-05-2025
- Business
- Yahoo
Nvidia Racks Hit 1,500 in April, Momentum Grows
Nvidia (NASDAQ:NVDA) popped after Morgan Stanley shared some encouraging April numbers from Taiwan's ODMs: about 1,500 GB200 racks shipped across three big builders, right in line with their own forecasts. Warning! GuruFocus has detected 5 Warning Signs with CRWV. That matters because GB200 is Nvidia's next-gen Hopper GPU gear, and how many racks hit the road tells us a lot about enterprise AI demand and whether supply is finally catching up. Morgan Stanley's Joseph Moore points out that with roughly 2,500 racks shipped through April, keeping that 1,500-a-month pace would get you to about 15,000 racks this yeareven if nothing improvesso fears of low volumes should melt away. Moore, who still has an Overweight rating on NVDA, thinks shipments could climb even higher as factories ramp up. He notes that April's numbers matching Morgan Stanley's internal model takes any concern about lower rack counts off the table and shows Nvidia isn't piling up unwanted inventory. Adding weight to the bullish case, industry checks reveal CoreWeave (NASDAQ:CRWV) and xAI have requested HGX B200 rack builds in the 4864 GPU range, signaling real appetite from cloud players. All in all, seeing these bottlenecks ease should give investors more confidence in Nvidia's AI-driven growth story. This article first appeared on GuruFocus.
