Latest news with #MI350
Yahoo
5 days ago
- Business
- Yahoo
Bank of America makes its boldest AMD call yet
Bank of America makes its boldest AMD call yet originally appeared on TheStreet. Sometimes, Mr. Market whispers, but other times, it straight-up roars. This week, AI stock Advanced Micro Devices () found itself in the middle of the loudest buzz. That's the kind that comes with a billion-dollar tailwind: a major shift in global trade policy. 💵💰💰💵 Its data-center business has already been booming, but now it's onto bigger runways, courtesy of reopened doors in China. Moreover, as the outlook shifts, a major Wall Street voice put its name on a call that's its boldest yet on AMD stock. AMD goes from underdog to AI infrastructure powerhouse AMD kicked things off this year as an underdog in AI chips. However, its latest results show it's far from playing catch-up anymore. In the first quarter, AMD's data-center sales surged 57% from last year, hitting $3.7 billion. That's nearly 50% of the company's total revenues, and a clear sign that its AI chips are getting real traction. AMD's EPYC CPUs and Instinct GPUs, especially the MI300 series, are owning the chips are effectively shaping major data centers and getting strong reviews in the process. Some buyers even say AMD's chips beat Nvidia's when it comes to price and performance. And AMD's next move is arguably even bigger. In June, it showed off the MI350 Series and a new rack system called Helios. It's essentially a comprehensive full AI setup that includes CPUs, GPUs, networking, and cooling, all efficiently designed to work together out of the box. AMD claims the MI350 delivers 40% more AI performance for every dollar spent in comparison to the previous version. Major tech players are lining up. Meta is already making use of MI300 chips for its AI models and plans to test the MI350 next. Meanwhile, startup TensorWave recently built the largest AMD GPU system in North America, 8,192 chips pushing 21 exaFLOPS of power. More AI Stock News: TikTok's next move has Google and Meta sweating bullets Elon Musk moves xAI, Grok onto Palantir turf Rigetti shakes up quantum computing with bold advance What's also helping AMD compared to, say, Nvidia, is that it's betting on an open-source system called ROCm. That's winning over cloud providers and companies looking for greater flexibility. AMD stock gets green light to chase China's AI boom Bank of America analyst Vivek Arya is going big on AMD. In a bold July 16 note, Arya hiked his price target on AMD stock from $130 to $175, a superb 35% jump. Arya's bullishness has everything to do with the massive policy reversal from Washington that's likely to reshape the AI chip race. The U.S. government is now allowing AMD and Nvidia (NVDA) to resume shipments of advanced AI accelerators to Chinese data center customers. For AMD, that's a massive shift in the right effectively reopens enterprise sales channels that were frozen by export controls. Also, this could unlock $500 million to $1 billion in revenues for AMD in just the next two quarters. But it's not just a short-term revenue bump. The MI300 series and AMD's next-gen MI400 chip are now back in business in arguably the most lucrative AI market. China's top cloud providers reportedly spend roughly 20% of global AI training dollars. That's not a pool AMD wants to sit out of. On top of that, the U.S. chipmaker gets to sharpen its competitive edge against both Nvidia and Chinese rivals like Huawei, on the back of favorable policy tailwinds. Still, AMD must navigate supply chain hiccups, geopolitical uncertainty, and a testing competitive landscape. However, if all goes well, the company is set for a multi-quarter AI growth run that could make its current validation a lot cheaper. The $45-per-share hike in his target is easily the loudest Wall Street endorsement of AMD this year, underscoring a robust belief in the chipmaker's long-term growth of America makes its boldest AMD call yet first appeared on TheStreet on Jul 18, 2025 This story was originally reported by TheStreet on Jul 18, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
3 Growth Stocks That Could Help Make You a Fortune
Key Points AMD's shift into the lucrative AI chip market is helping it expand its margins, and driving its stock price higher. MercadoLibre has brought the e-commerce business model to Latin America with impressive effect. Alphabet oversees some of the web's most-used services and exciting new technologies. 10 stocks we like better than Advanced Micro Devices › After a turbulent start to 2025, the stock market is once again near its all-time highs. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average are up 6%, 7%, and 4%, respectively, year to date. So, what are some stocks that investors should be focused on? Here are three that I believe are savvy choices right now. Advanced Micro Devices After surging 128% in 2023, and slumping 18% in 2024, Advanced Micro Devices (NASDAQ: AMD) stock is once again on fire. As of this writing, the stock is up 20% year to date, well ahead of the tech-centric Nasdaq Composite's gain of 7%. The catalyst? AMD stock has been getting a boost from sell-side analysts who believe the company's newest artificial intelligence (AI) chips will aid it in its ongoing competition with Nvidia. In short, Nvidia remains the king of AI chips, thanks to its long-standing position as the leader in the graphics processing unit (GPU) market. However, things are changing. AMD's MI350 chips and its upcoming MI400 chips are highly anticipated, and could help it cut into Nvidia's lead within the overall data center GPU market. Moreover, AMD's newfound foothold in the AI data center market is helping to widen its margins. Overall, AMD's gross margins have increased from 42% to over 50% over the last three years, as the company's revenue mix shifts away from low-margin CPUs to higher-margin GPUs. To sum up, AMD's newfound strength in the AI chip market makes it a stock to consider right now. MercadoLibre Simply put, MercadoLibre (NASDAQ: MELI) is a stock that every investor should know, but not everyone does. It's the leading e-commerce provider in Latin America -- a market where rival operators had previously struggled. However, MercadoLibre seems to have cracked the code. That's great news for the company as it means there is still an immense market that it can grow into from here. Its business model is built on a familiar playbook: It runs an online storefront that matches buyers and sellers, then offers logistics solutions to deliver items to customers' doorsteps. In addition, the company offers digital payment solutions (Mercado Pago) and advertising services (Mercado Ads). If that all sounds similar to Amazon, it should. More to the point, it's difficult to argue with MercadoLibre's results. In the first quarter, it reported: $5.9 billion in revenue, up 37% year over year. $494 million in net income. $795 million in free cash flow. Those are fantastic figures, and they point to the strength of the company's business model. Nevertheless, MercadoLibre stock has its risks, particularly because of the company's regional focus. Economic or political disruptions in its core Latin American markets could take a toll on MercadoLibre's business and its stock price. Therefore, this isn't a stock for every investor. Alphabet Finally, there's Alphabet (NASDAQ: GOOG) -- arguably, the most significant internet company around. A recent survey of the most visited websites by Datareportal/SemRush showed that the top two sites were once again Google and YouTube -- both owned by Alphabet. Indeed, those two sites alone accounted for more than 200 billion monthly visits, more than the next 18 largest websites combined. What's more, Alphabet is at the forefront of several exciting cutting-edge technologies. Take robotaxis, for instance. Through its self-driving vehicle subsidiary, Waymo, Alphabet is one of only a handful of companies currently operating robotaxis for paying customers. Many analysts see robotaxis as the future of transportation, which could open up a lucrative new revenue stream for Alphabet. In addition, Alphabet is investing in AI initiatives and quantum computing. Any of those areas of research could bear fruit for Alphabet if it can take the lead on some of the world's next great technological breakthroughs. In summary, Alphabet is a technological juggernaut today, but it is not resting on its laurels. By investing in AI, autonomous vehicles, and quantum computing, Alphabet is well-positioned to remain a stock market giant well into the future. Should you buy stock in Advanced Micro Devices right now? Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Advanced Micro Devices wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $679,653!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,308!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jake Lerch has positions in Alphabet, Amazon, MercadoLibre, and Nvidia and has the following options: long July 2025 $150 calls on Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, MercadoLibre, and Nvidia. The Motley Fool has a disclosure policy. 3 Growth Stocks That Could Help Make You a Fortune was originally published by The Motley Fool


Business Insider
6 days ago
- Business
- Business Insider
AMD Stock Rally Is ‘Empty Calories,' Says Citi's Top Analyst
Citi's top analyst, Christopher Danely, calls the recent rally in AMD stock (AMD) 'empty calories' because he believes the chip ban can be reinstated at any time. Yesterday, Advanced Micro Devices rallied 6.4% after President Donald Trump lifted the ban on export of artificial intelligence (AI) chips to China. The news also boosted shares of major semiconductor companies, including Nvidia (NVDA), which rose 4% to reach a new all-time high of $172.40. Elevate Your Investing Strategy: 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. Danely has a 'Hold' rating on AMD stock and a price target of $145, which implies 6.8% downside potential from current levels. Danely ranks #588 out of 9,861 analysts tracked on TipRanks. He boasts a 66% success rate and an average return per rating of 11.40%. Here's Why Citi Is Skeptical About the AI Ban Reversal The easing of export restrictions means AMD can now resume shipments of its MI308 AI chips to China. The White House had previously imposed a ban on the export of advanced AI chips to China due to national security concerns. Notably, AMD was expected to take an $800 million hit from the ban, while Nvidia faced a larger $5.5 billion impact. However, the situation has changed following the easing of trade tensions between the U.S. and China. Danely has a rather skeptical view on the news. He noted that the resumption of MI308 chip sales to China is 'not sustainable' as they could be banned again. The U.S.-China trade relations remain fragile, and even a minor incident could prompt substantial policy shifts. Having said that, Danely believes that the Trump administration's $70 billion investment in Pennsylvania for AI and energy could be highly beneficial for chipmakers, including AMD, NVDA, Broadcom (AVGO), and Micron (MU). AMD Is Positioning as a Serious Rival to Nvidia For years, AMD has been seen as secondary to Nvidia, with the latter's advanced AI chips and GPUs (Graphics Processing Units) commanding global attention. However, AMD is rapidly advancing with its own chip innovations to compete more effectively with Nvidia. Recently, AMD launched its new line of MI350 AI chips, which are expected to be nearly 30% cheaper than Nvidia's comparable chips. Also, AMD's MI355X features high-bandwidth memory (HBM), which is reportedly three times that offered by Nvidia's Blackwell B200. Is AMD a Good Stock to Buy? Despite the current optimism surrounding Advanced Micro Devices, analysts remain divided about its long-term outlook. On TipRanks, AMD stock has a Moderate Buy consensus rating based on 25 Buys and 10 Hold ratings. Also, the average AMD price target of $135.97 implies 12.6% downside potential from current levels. Year-to-date, AMD stock has gained nearly 29%.


Economic Times
15-07-2025
- Business
- Economic Times
AMD stock soars 8% as new AI chips take aim at Nvidia's throne — is a power shift coming?
What's making AMD stock jump and why are analysts suddenly bullish? Live Events Could AMD's MI400 series take the fight directly to Nvidia's Vera Rubin platform? Is this breakout real or just a short-term bounce? $175 is the next resistance point — near last year's highs. is the next resistance point — near last year's highs. A break above could open the path toward $200 to $215 , which aligns with HSBC's bullish forecast and past 2024 peaks. , which aligns with HSBC's bullish forecast and past 2024 peaks. On the downside, if momentum stalls, $135 is the first major support, with deeper support sitting near $115 — both key buying zones for long-term investors. Short-term AMD stock prediction Bullish trend likely to continue in the near term, especially if AMD breaks above key resistance at $175 . in the near term, especially if AMD breaks above key resistance at . If buying pressure stays strong, the stock could test $200–$215 in the coming weeks — a zone aligned with HSBC's new target and 2024 highs. in the coming weeks — a zone aligned with HSBC's new target and 2024 highs. Next catalyst: AMD's Q2 earnings on August 5, where investors will watch for updates on MI350 chip adoption and enterprise AI deals. Long-term AMD stock outlook 2026 and beyond: AMD's roadmap includes the MI400 series with massive specs like 432 GB of HBM4 memory, designed to challenge Nvidia's future Vera Rubin platform. AMD's roadmap includes the MI400 series with massive specs like 432 GB of HBM4 memory, designed to challenge Nvidia's future Vera Rubin platform. If AMD gains meaningful share in AI accelerators — especially among cloud giants like Microsoft, Meta, Oracle, and OpenAI — the stock could see structural upside. Risks include Nvidia's stronghold with the CUDA ecosystem and AMD's need to expand its ROCm developer base. What risks should investors watch as AMD challenges Nvidia? Is a power shift really coming in the AI chip race? FAQs: (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Advanced Micro Devices Inc. (NASDAQ: AMD) surged 7.9% on Tuesday, closing at $157.79, after HSBC upgraded the stock and nearly doubled its price target to $200. The boost came as analysts and investors digested new details about AMD's latest AI chips — the Instinct MI350 series — which analysts now say could directly challenge Nvidia's Blackwell lineup, while costing roughly 30% rally isn't just about price movement. It's part of a bigger shift in the AI chip race, where AMD, once seen as a second-tier competitor, is now stepping up as a serious rival to Nvidia's dominance in AI data center excitement started when HSBC upgraded AMD from 'Hold' to 'Buy' and raised its price target from $100 to $200, citing the strength of the new MI350 chips, particularly the MI355X, which delivers 22 terabytes per second (TB/s) of memory bandwidth — nearly three times that of Nvidia's Blackwell B200, which stands at around 8 TB/ makes this even more eye-catching is the price. At approximately $25,000 per chip, AMD's MI350 chips are expected to be 30% cheaper than Nvidia's comparable offerings, according to HSBC's note covered by MarketWatch and Barron' this isn't all. The company already has key customers lined up — Oracle, Microsoft, Meta, and OpenAI — putting real momentum behind what could be AMD's strongest push into AI further ahead, AMD is already preparing its next big leap with the MI400 series, scheduled to launch in 2026. These chips, part of AMD's AI accelerator roadmap, will reportedly include 432GB of HBM4 memory, and are designed for rack-scale infrastructure, aligning with broader data center trends like helios also has strategic alignments forming with OpenAI and other cloud titans, which could give it an edge as demand for generative AI hardware continues to explode. Reports from Investopedia, Nasdaq, and TechRadar have highlighted how AMD's roadmap now places it squarely in competition with Nvidia's upcoming, which had been seen as the uncontested future standard just a year AMD is on fire. The stock just broke out of a flag pattern, which typically signals a strong continuation trend. Trading volume surged to a one-week high, and momentum indicators such as Relative Strength Index (RSI) and moving averages are flashing bullish signals, according to technical breakdowns from while the chart looks strong, the real test will come during AMD's next earnings report on August 5, and any new announcements on chip shipments or cloud the excitement, Nvidia still holds the crown when it comes to software dominance — especially through its CUDA ecosystem, which boasts over 5 million developers. AMD, meanwhile, continues to build out its competing ROCm platform, but it's not yet as mature or widely execution risk remains. AMD needs to deliver its chips on time, at scale, and with performance that matches the hype. Analysts from firms like Goldman Sachs remain cautious, noting that AMD's market share in AI accelerators is still in early latest jump isn't just a reaction to an analyst upgrade. It signals a broader change in how investors view the company's place in the rapidly growing AI market. With the MI350 chips already drawing comparisons to Nvidia's best — and doing it at a lower price — AMD is proving it's no longer just playing with the MI400 series already in development, AMD may finally be ready to move from challenger to co-leader in AI data centers. But how much ground it gains will depend on execution, software traction, and how Nvidia the battle heats up, investors should keep a close eye on, and most importantly,— because this AI story is just getting release of MI350 AI chips and a major HSBC upgrade pushed AMD stock up 8%.Yes, AMD's MI350 chips offer high bandwidth and are 30% cheaper than Nvidia's Blackwell GPUs.


Time of India
15-07-2025
- Business
- Time of India
AMD stock soars 8% as new AI chips take aim at Nvidia's throne — is a power shift coming?
What's making AMD stock jump and why are analysts suddenly bullish? Live Events Could AMD's MI400 series take the fight directly to Nvidia's Vera Rubin platform? Is this breakout real or just a short-term bounce? $175 is the next resistance point — near last year's highs. is the next resistance point — near last year's highs. A break above could open the path toward $200 to $215 , which aligns with HSBC's bullish forecast and past 2024 peaks. , which aligns with HSBC's bullish forecast and past 2024 peaks. On the downside, if momentum stalls, $135 is the first major support, with deeper support sitting near $115 — both key buying zones for long-term investors. Short-term AMD stock prediction Bullish trend likely to continue in the near term, especially if AMD breaks above key resistance at $175 . in the near term, especially if AMD breaks above key resistance at . If buying pressure stays strong, the stock could test $200–$215 in the coming weeks — a zone aligned with HSBC's new target and 2024 highs. in the coming weeks — a zone aligned with HSBC's new target and 2024 highs. Next catalyst: AMD's Q2 earnings on August 5, where investors will watch for updates on MI350 chip adoption and enterprise AI deals. Long-term AMD stock outlook 2026 and beyond: AMD's roadmap includes the MI400 series with massive specs like 432 GB of HBM4 memory, designed to challenge Nvidia's future Vera Rubin platform. AMD's roadmap includes the MI400 series with massive specs like 432 GB of HBM4 memory, designed to challenge Nvidia's future Vera Rubin platform. If AMD gains meaningful share in AI accelerators — especially among cloud giants like Microsoft, Meta, Oracle, and OpenAI — the stock could see structural upside. Risks include Nvidia's stronghold with the CUDA ecosystem and AMD's need to expand its ROCm developer base. What risks should investors watch as AMD challenges Nvidia? Is a power shift really coming in the AI chip race? FAQs: (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Advanced Micro Devices Inc. (NASDAQ: AMD) surged 7.9% on Tuesday, closing at $157.79, after HSBC upgraded the stock and nearly doubled its price target to $200. The boost came as analysts and investors digested new details about AMD's latest AI chips — the Instinct MI350 series — which analysts now say could directly challenge Nvidia's Blackwell lineup, while costing roughly 30% rally isn't just about price movement. It's part of a bigger shift in the AI chip race, where AMD, once seen as a second-tier competitor, is now stepping up as a serious rival to Nvidia's dominance in AI data center excitement started when HSBC upgraded AMD from 'Hold' to 'Buy' and raised its price target from $100 to $200, citing the strength of the new MI350 chips, particularly the MI355X, which delivers 22 terabytes per second (TB/s) of memory bandwidth — nearly three times that of Nvidia's Blackwell B200, which stands at around 8 TB/ makes this even more eye-catching is the price. At approximately $25,000 per chip, AMD's MI350 chips are expected to be 30% cheaper than Nvidia's comparable offerings, according to HSBC's note covered by MarketWatch and Barron' this isn't all. The company already has key customers lined up — Oracle, Microsoft, Meta, and OpenAI — putting real momentum behind what could be AMD's strongest push into AI further ahead, AMD is already preparing its next big leap with the MI400 series, scheduled to launch in 2026. These chips, part of AMD's AI accelerator roadmap, will reportedly include 432GB of HBM4 memory, and are designed for rack-scale infrastructure, aligning with broader data center trends like helios also has strategic alignments forming with OpenAI and other cloud titans, which could give it an edge as demand for generative AI hardware continues to explode. Reports from Investopedia, Nasdaq, and TechRadar have highlighted how AMD's roadmap now places it squarely in competition with Nvidia's upcoming, which had been seen as the uncontested future standard just a year AMD is on fire. The stock just broke out of a flag pattern, which typically signals a strong continuation trend. Trading volume surged to a one-week high, and momentum indicators such as Relative Strength Index (RSI) and moving averages are flashing bullish signals, according to technical breakdowns from while the chart looks strong, the real test will come during AMD's next earnings report on August 5, and any new announcements on chip shipments or cloud the excitement, Nvidia still holds the crown when it comes to software dominance — especially through its CUDA ecosystem, which boasts over 5 million developers. AMD, meanwhile, continues to build out its competing ROCm platform, but it's not yet as mature or widely execution risk remains. AMD needs to deliver its chips on time, at scale, and with performance that matches the hype. Analysts from firms like Goldman Sachs remain cautious, noting that AMD's market share in AI accelerators is still in early latest jump isn't just a reaction to an analyst upgrade. It signals a broader change in how investors view the company's place in the rapidly growing AI market. With the MI350 chips already drawing comparisons to Nvidia's best — and doing it at a lower price — AMD is proving it's no longer just playing with the MI400 series already in development, AMD may finally be ready to move from challenger to co-leader in AI data centers. But how much ground it gains will depend on execution, software traction, and how Nvidia the battle heats up, investors should keep a close eye on, and most importantly,— because this AI story is just getting release of MI350 AI chips and a major HSBC upgrade pushed AMD stock up 8%.Yes, AMD's MI350 chips offer high bandwidth and are 30% cheaper than Nvidia's Blackwell GPUs.