Latest news with #ROCm
Yahoo
14-05-2025
- Business
- Yahoo
NVIDIA, AMD targets raised at BofA following sovereign AI deals
-- Bank of America raised its price targets for NVIDIA and AMD (NASDAQ:AMD) on Wednesday, citing wins in sovereign artificial intelligence projects that could help offset export restrictions to China beginning in calendar year 2026. The bank raised its target for Nvidia (NASDAQ:NVDA) to $160 from $150 and the target for AMD to $130 from $120 a share. NVIDIA and AMD announced separate multi-year AI infrastructure projects with HUMAIN, a subsidiary of Saudi Arabia's Public Investment Fund. Bank of America estimates these projects could be worth '$3–$5 billion annually, or $15–$20 billion over a multi-year period.' According to BofA, sovereign AI is poised to become a '$50bn+ annually' opportunity, accounting for 10%–15% of the global $450–$500 billion AI infrastructure market. BofA said, 'Sovereign AI nicely complements commercial cloud investments with a focus on training and inference of LLMs in local culture, language and needs,' and could mitigate challenges such as 'limited power availability for data centers in US' and trade restrictions with China. NVIDIA is expected to receive about $7 billion in direct contracts, with Phase 1 alone including 18,000 Blackwell GPUs worth roughly $700 million. Over five years, BofA expects 'several hundred thousand of NVIDIA's most advanced GPUs' to be delivered. AMD's portion, which could total $10 billion, will likely begin later in 2026 and include 'CPU, GPU, networking and its 'open-source' software stack called ROCm.' While AMD's project appears to follow a joint-venture approach with Cisco (NASDAQ:CSCO), BofA noted it marks the first time AMD is 'on a 'similar' footing as NVIDIA in terms of engagement in large projects.' BofA reiterated Buy ratings on both NVIDIA and AMD, citing stronger long-term AI demand and 'GPU as the new 'coin of the realm.'' Related articles NVIDIA, AMD targets raised at BofA following sovereign AI deals MNTN Files for IPO, targeting up to $187 million Apple Vision Pro to allow eye-scrolling, Bloomberg reports Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Advanced Micro Devices (NasdaqGS:AMD) Rises 3% in a Month Amid New EPYC Processors Launch
Advanced Micro Devices launched its 5th Gen EPYC processors, offering a potential uptick in cost-performance ratios and signaling strength in its cloud and embedded markets, which could have supported its share price rise of 3% over the last month. Significant governance changes, such as plans to increase authorized shares, along with altered leadership in AMD's fixed-income offerings, reflect ongoing structural adjustments. Concurrently, the market has faced volatility amid tariff discussions, contrasting with AMD's upward movement despite a broader 3% market drop, suggesting resilience in tech stocks amidst uncertain economic forecasts. Buy, Hold or Sell Advanced Micro Devices? View our complete analysis and fair value estimate and you decide. AI is about to change healthcare. These 24 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. The last five years have seen Advanced Micro Devices (AMD) achieve a total shareholder return of 116.11%, combining both share price appreciation and dividends. A significant part of this performance can be attributed to AMD's advances in the data center and AI markets, especially with the expansion of its Instinct accelerators and ROCm updates. Additionally, AMD's partnerships, such as those with Oracle and Dell, have bolstered its presence and adoption in cloud and enterprise markets. The development of the 5th Gen EPYC processors introduced groundbreaking improvements in cost-to-performance ratios, further supporting AMD's growth trajectory in competitive segments. Despite challenges, including declines in the Gaming and Embedded segments by 59% and 13% year-over-year respectively, AMD's earnings have surged in the last year. Financially, the company's sales have climbed, as evidenced by Q4 FY2024's US$7.66 billion revenue. However, AMD's share performance over the past year has underperformed both the US Market and the Semiconductor industry. With these dynamics, AMD continues to drive toward capturing more market share in high-performance computing and AI sectors. Get an in-depth perspective on Advanced Micro Devices' performance by reading our balance sheet health report here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:AMD. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
01-04-2025
- Business
- Yahoo
Advanced Micro Devices (NasdaqGS:AMD) Powers Oracle Cloud Despite 10% Price Dip
Advanced Micro Devices recently unveiled its 5th Gen AMD EPYC processors, significantly enhancing the cost-performance ratio for Oracle Cloud Infrastructure, a notable development in the tech space. Over the past month, AMD's stock price increased by approximately 3%, reflecting a positive response to these innovations despite a broader market decline of 3%. The company's continued expansion in both embedded and server processor markets has drawn attention, despite prevailing economic uncertainty associated with tariffs. Within a volatile tech sector, AMD's performance underscores its ongoing relevance and adaptability in the face of fluctuating investor sentiment. Buy, Hold or Sell Advanced Micro Devices? View our complete analysis and fair value estimate and you decide. This technology could replace computers: discover the 21 stocks are working to make quantum computing a reality. Over the past five years, Advanced Micro Devices (AMD) has delivered a total shareholder return of 116.20%, a robust performance reflecting its strategic advancements and market positioning. Key developments during this period include the expansion in Data Center AI with products like Instinct accelerators and ROCm, which have been pivotal in enhancing revenue potential. Significant product launches, such as the advanced EPYC processors, have strengthened AMD's footing in the AI and server markets. A partnership with Dell further extended its market reach in commercial PCs, potentially outpacing industry growth in client revenue. Additionally, AMD's stock buyback program, completing 32.56 million share repurchases by February 2022, showcases a commitment to returning value to shareholders. Despite competitive pressures in the server CPU market, these strategic maneuvers have sustained AMD's growth trajectory in a challenging tech sector landscape. While AMD's five-year performance outpaced short-term benchmarks, it underperformed the US Semiconductor industry over the past year, returning 1.2% while the broader market saw a 6.1% gain. Learn about Advanced Micro Devices' historical performance here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:AMD. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Channel Post MEA
01-04-2025
- Business
- Channel Post MEA
AMD Completes ZT Systems Acquisition To Drive Data Center AI Systems
AMD has announced the completion of its acquisition of ZT Systems, a provider of AI and general-purpose compute infrastructure for the world's largest hyperscale providers. The acquisition will enable a new class of end-to-end AI solutions based on the combination of AMD CPU, GPU and networking silicon, open-source AMD ROCm software and rack-scale systems capabilities. It will also accelerate the design and deployment of AMD-powered AI infrastructure at scale optimized for the cloud. AMD expects the transaction to be accretive on a non-GAAP basis by the end of 2025. The world-class design teams will join the AMD Data Center Solutions business unit led by AMD Executive Vice President Forrest Norrod. AMD is actively engaged with multiple potential strategic partners to acquire ZT Systems' industry-leading U.S.-based data center infrastructure manufacturing business in 2025. 'With the rapid pace of innovation in AI, reducing the end-to-end design and deployment time of cluster-level data center AI systems will be a significant competitive advantage for our customers,' said Forrest Norrod, executive vice president and general manager, Data Center Solutions business unit at AMD. 'Acquiring ZT Systems is a significant milestone in our AI strategy to deliver leadership training and inferencing solutions that are optimized for our customers' unique environment, ready-to-deploy at scale, and based on our open ecosystem approach that combines open-source software, industry standard networking technologies and now ZT Systems' leadership systems design and customer enablement expertise. We welcome Frank Zhang, Doug Huang and the talented ZT Systems team to AMD, where together we will offer customers both choice and speed to market, allowing them to invest in key areas where they choose to differentiate their AI offerings.' Former ZT Systems Founder and CEO Frank Zhang joins AMD as senior vice president of ZT Manufacturing, reporting to Forrest Norrod, where he will help lead the divestiture of the manufacturing business. Former ZT Systems President Doug Huang joins AMD as senior vice president of Data Center Platform Engineering, also reporting to Forrest Norrod. In this role, he will lead design and customer enablement teams, working closely with the AMD Data Center Solutions business unit and AI Group to accelerate time-to-market for data center AI solutions. 0 0
Yahoo
28-03-2025
- Business
- Yahoo
The Zacks Analyst Blog Highlights NVIDIA, Alphabet, Microsoft and AMD
Chicago, IL – March 28, 2025 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NVIDIA Corp. NVDA, Alphabet Inc. GOOGL, Microsoft Corp. MSFT and Advanced Micro Devices, Inc.'s AMD. Here are highlights from Thursday's Analyst Blog: One of the most sought-after semiconductor behemoths, NVIDIA Corp., recently flashed a bearish chart pattern amid regulatory headwinds. So, what's next for NVIDIA investors? Do they sell the stock, or do they believe in NVIDIA's inherent strength and hang on to it? Let's find out. Several chip stocks, including NVIDIA, suffered losses on Wednesday. The stock slipped 5.7% yesterday, while a death cross pattern emerged last week. This means NVIDIA's short-term 50-day moving average (DMA) has dropped below its long-term 200 DMA, signaling a looming downtrend. On Wednesday, the NVIDIA stock finished at $113.76, while the 50-DMA was $125.86 below the 200-DMA, which was $127.72. The last time NVIDIA stock faced a death cross was in April 2022, causing its shares to tank 50% over the next six months before hitting its lowest point in October 2022. The possibility of stricter regulations on NVIDIA's chips in China hurt its shares. Compounding the decline was the U.S. government's move to add several Chinese companies to a trade blacklist for national security reasons, adversely impacting NVIDIA's sales. Undeniably, regulators from China are discouraging its tech firms from buying NVIDIA's H20 chips due to energy efficiency violations. However, sales of H20s are unaffected as rules are not strictly enforced, and NVIDIA intends to meet with regulators to address the issue. Similarly, NVIDIA has successfully navigated U.S. regulatory challenges in the past and shown resilience to such issues. Anyhow, $100 is a strong support level for the NVIDIA stock. If it breaks below this, it could signal a long-term downward trend. NVIDIA had previously tested this level in August and September, only to rebound to an all-time high of $150. In reality, insane demand for NVIDIA's next-generation cutting-edge Blackwell chips and dominance in the graphic processing units (GPUs) market would drive its share price upward. Magnificent-7 stocks such as Alphabet Inc. and Microsoft Corp. have chosen Blackwell chips due to their solid energy efficiency level and faster AI interface. A market share of more than 80% in the discrete GPU space gives NVIDIA a competitive edge, and its CUDA software platform continues to gain prominence among developers over Advanced Micro Devices, Inc.'s ROCm software platform. Despite the current price fluctuations, NVIDIA remains a financially strong company. It saw its revenues climb 114% to $130 billion in fiscal 2025 (ended in January) and expects sales to jump 65% year over year in the first quarter. NVIDIA has often generated profits efficiently. This is because the firm's net profit margin of 55.9% is more than the Semiconductor - General industry's 48.6%, indicating a high margin. How to Trade NVIDIA Stock Now Given strong financials, high demand for the Blackwell chip, and GPU dominance, the recent share price dip should not concern NVIDIA stakeholders. Instead, they should hold onto the stock for strong gains in the future. However, new buyers should wait for an opportune moment to invest in the NVIDIA stock due to its current volatility. NVDA, at this time, has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
