Latest news with #MI350Series
Yahoo
05-08-2025
- Business
- Yahoo
Advanced Micro Devices' GPU Price Increase Signals Confidence Against Competition, Zacks Says
Advanced Micro Devices (AMD) recently raised the price of its MI350 Series AI graphics processing un Sign in to access your portfolio
Yahoo
18-07-2025
- 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
Arabian Post
15-06-2025
- Business
- Arabian Post
AMD Stakes Future on Open AI Infrastructure
Advanced Micro Devices projected bold expectations for its artificial intelligence trajectory during its Advancing AI event in San Jose on 12 June 2025, emphasising system-level openness and ecosystem collaboration. CEO Dr Lisa Su unveiled the Instinct MI350 accelerator series, introduced plans for the Helios rack-scale AI server launching in 2026, and fortified AMD's software stack to challenge incumbent leaders in the sector. Top-tier AI customers including OpenAI, Meta, Microsoft, Oracle, xAI and Crusoe pledged significant investments. OpenAI's CEO Sam Altman joined Su onstage, confirming the firm's shift to MI400-class chips and collaboration on MI450 design. Crusoe disclosed a $400 million commitment to the platform. MI350 Series, which includes the MI350X and MI355X, are shipping to hyperscalers now, with a sharp generational performance leap — delivering about four times the compute capacity of prior-generation chips, paired with 288 GB of HBM3e memory and up to 40% better token‑per‑dollar performance than Nvidia's B200 models. Initial deployments are expected in Q3 2025 in both air‑ and liquid‑cooled configurations, with racks supporting up to 128 GPUs, producing some 2.6 exaflops FP4 compute. ADVERTISEMENT Looking further ahead, AMD previewed 'Helios'—a fully integrated rack comprising MI400 GPUs, Zen 6‑based EPYC 'Venice' CPUs and Pensando Vulcano NICs, boasting 72 GPUs per rack, up to 50% more HBM memory bandwidth and system‑scale networking improvements compared to current architectures. Helios is poised for market launch in 2026, with an even more advanced MI500‑based variant expected around 2027. Dr Su underscored openness as AMD's competitive lever. Unlike Nvidia's proprietary NVLink interface, AMD's designs will adhere to open industry standards—extending availability of networking architectures to rivals such as Intel. Su argued this approach would accelerate innovation, citing historical parallels from open Linux and Android ecosystems. On the software front, the ROCm 7 stack is being upgraded with enterprise AI and MLOps features, including integrated tools from VMware, Red Hat, Canonical and others. ROCm Enterprise AI, launching in Q3 or early Q4, aims to match or exceed Nvidia's CUDA-based offerings in usability and integration. Strategic acquisitions underpin AMD's infrastructure ambitions. The purchase of ZT Systems in March 2025 brought over 1,000 engineers to accelerate rack-scale system builds. Meanwhile, AMD has onboarded engineering talent from Untether AI and Lamini to enrich its AI software capabilities. Market reaction was muted; AMD shares fell roughly 1–2% on the event day, with analysts noting that while the announcements are ambitious, immediate market share gains are uncertain. Financially, AMD projects AI data centre revenues growing from over $5 billion in 2024 to tens of billions annually, anticipating the AI chip market reaching around $500 billion by 2028. These developments position AMD as a serious contender in the AI infrastructure arena. Its push for rack‑scale systems and open‑standard platforms aligns with the growing trend toward modular, interoperable computing. Competition with Nvidia will intensify through 2026 and 2027, centred on performance per dollar in large‑scale deployments.
Hans India
14-06-2025
- Business
- Hans India
AI chip market may touch $500 bn: AMD
San Jose: Advanced Micro Devices (AMD) Chief Executive Lisa Su has said that the chipmaker sees the artificial intelligence processor market topping $500 billion by 2028. The Silicon Valley company said the market is likely to grow at over 60 per cent annually to exceed $500 billion, from being a $45 billion opportunity in 2023. Addressing the company's flagship Advancing AI 2025 conference here on Thursday, Su said the growth will be led by the inferencing work, which is a shift from training. 'What I can tell you based on everything that we see today is that that number is going to be exceeding $500 billion by 2028,' Su said. The company unveiled the 'MI350 Series GPUs (graphic processing units)' at the flagship event along with a host of other said opting for the newly launched chips may be beneficial for customers, claiming that they issue up to 40 per cent more tokens per dollar. It can be noted that Nvidia is generally considered an entrenched player in the GPUs market, and the demand for its chips is very high.
Economic Times
13-06-2025
- Business
- Economic Times
AMD sees AI chip market exceeding $500 billion by 2028
Advanced Micro Devices (AMD) Chief Executive Lisa Su has said that the chipmaker sees the artificial intelligence processor market topping $500 billion by 2028. The Silicon Valley company said the market is likely to grow at over 60 per cent annually to exceed USD 500 billion, from being a $45 billion opportunity in 2023. Addressing the company's flagship Advancing AI 2025 conference here on Thursday, Su said the growth will be led by the inferencing work, which is a shift from training. "What I can tell you based on everything that we see today is that that number is going to be exceeding USD 500 billion by 2028," Su said. The company unveiled the "MI350 Series GPUs (graphic processing units)" at the flagship event along with a host of other products. Su said opting for the newly launched chips may be beneficial for customers, claiming that they issue up to 40 per cent more tokens per dollar. It can be noted that Nvidia is generally considered an entrenched player in the GPUs market, and the demand for its chips is very high. There are waiting periods as well for the chips. In her address, Su said that seven of the 10 largest AI customers, including the largest Indian telco Reliance Jio, are deploying AMD Instinct Accelerators at present. AMD had last year announced the MI350 and announced that the same offering, which has displayed a four-times increase in compute as compared to the previous generation, is in production now and will be commercially available from the third quarter onwards. During her address, Su spoke with a slew of clients and partners, including OpenAI chief executive Sam Altman, and senior executives from other companies like Meta, Microsoft and Oracle. Su said the company is focused on open architecture as a fundamental tenet in its approach to serving the AI world, an aspect which is different from the approach adopted by Nvidia. The company also launched a developer cloud access programme, under which it will grant access to the developer community to try and use its offerings first-hand. Su said the company believes that innovation happens faster when something is thrown open for the developers, and backed it up by citing examples from history as well. It also showcased the 'Helios AI Rack Scale' solution, a fully integrated AI platform and announced that the same will be available from the next year onwards.
