AMD (AMD) PT Raised to $144 at Evercore ISI

AMD gains on Nvidia? Lisa Su reveals new chips in heated AI inference race

June 12, 2025 3:49 PM EDT

Investing.com -- Advanced Micro Devices Inc (NASDAQ: AMD) made an aggressive bid for dominance in AI inference at its Advancing AI event Thursday, unveiling new chips that directly challenge NVIDIA Corporations (NASDAQ: NVDA) supremacy in the data center GPU market. AMD claims its latest Instinct MI355X accelerators surpass Nvidias most advanced Blackwell GPUs in inference performance while offering a significant cost advantage, a critical selling point as hyperscalers look to scale generative AI services affordably.

The MI355X, which has just begun volume shipments,... More

Baird Comments on AMD (AMD) Following AI Event

June 12, 2025 3:35 PM EDT

Baird analyst Tristan Gerra reiterated an Outperform rating and $140.00 price target on AMD (NASDAQ: AMD).

The analyst comments "AMD hosted its Accelerating AI event today. Key takeaways: Management raised its AI accelerator TAM to over $500 billion by 2028, up from AMD's previous estimate of $500 billion by 2028, representing over 60% CAGR. AMD expects the... More

AMD (AMD) Unveils Vision for an Open AI Ecosystem

June 12, 2025 2:32 PM EDT

AMD (NASDAQ: AMD) delivered its comprehensive, end-to-end integrated AI platform vision and introduced its open, scalable rack-scale AI infrastructure built on industry standards at its 2025 Advancing AI event.

AMD and its partners showcased:

How they are building the open AI ecosystem with the new AMD Instinct MI350 Series acceleratorsThe continued growth of the AMD ROCm ecosystemThe companys powerful, new, open rack-scale designs and roadmap that bring leadership rack-scale AI performance beyond 2027

AMD is driving AI innovation at an unprecedented pace, highlighted by the launch of our... More

Infobell Expands Collaboration with AMD (AMD) to Accelerate Enterprise-Ready AI Innovation

June 12, 2025 2:31 PM EDT

Infobell IT Solutions Pvt. Ltd. (Infobell), a global leader in product engineering and AI solutions, today announced an expanded collaboration with AMD (NASDAQ: AMD) to drive enterprise-ready AI innovation powered by AMD Instinct GPUs and AMD EPYC CPUs.

As a long-standing engineering and solutions partner to AMD, Infobell leverages the AMD CDNA architecture and ROCm software stack to deliver high-performance AI, cloud, and high-performance computing (HPC) solutions to leading enterprises and cloud service providers worldwide.

Infobell is also a proud sponsor of the AMD Advancing AI 2025, underscoring its commitment to accelerating AI adoption with AMD... More

AMD (AMD) Announces AMD Developer Cloud to Offer Instant Access to its Chips for Developers - AMD Executive at AMD Event

June 12, 2025 1:58 PM EDT

AMD (NASDAQ: AMD) Announces AMD Developer Cloud to Offer Instant Access to its Chips for Developers - AMD Executive at AMD Event

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AMD unveils AI server as OpenAI taps its newest chips

June 12, 2025 1:47 PM EDT

By Max A. Cherney and Stephen Nellis

SAN JOSE (Reuters) -Advanced Micro Devices CEO Lisa Su on Thursday unveiled a new artificial intelligence server for 2026 that aims to challenge Nvidia's flagship offerings as OpenAI's CEO said the ChatGPT creator would adopt AMD's latest chips.

Su took the stage at a developer conference in San Jose, California, called "Advancing AI" to discuss the MI350 series and MI400 series AI chips that she said would compete with Nvidia's Blackwell line of processors

The MI400 series of chips will be the basis of a new server called "Helios"... More

AMD (AMD) Launches MI350 and MI355 Chips, MI400 Chips Coming Next Year - CEO at AMD Event

June 12, 2025 12:59 PM EDT

AMD (NASDAQ: AMD) Launches MI350 and MI355 Chips, MI400 Chips Coming Next Year - CEO at AMD Event

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xAI, Meta Use AMD's Mi300 AI Chips - AMD Event

June 12, 2025 12:53 PM EDT

(Updated - June 12, 2025 1:09 PM EDT)

xAI Uses AMD's Mi300 AI Chips - AMD Event

Meta's executive says it is using AMD MI350 chips for training and deploying its recommendation engines.
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AMD (AMD) CEO: AI Chip Market to be Worth $500B in 2028, AMD Has been Investing in AI Companies

June 12, 2025 12:45 PM EDT

(Updated - June 12, 2025 12:52 PM EDT)

AMD (NASDAQ: AMD) CEO Lisa SU: Expect AI Chip Market To Be Worth $500 Billion In 2028

Says company has made 25 strategic investments in AI related companies over the last year.

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Active options: AMD SOFI AMZN QUBT AVGO HOOD UNH MSTR MSFT SMCI META PCG

June 12, 2025 5:23 AM EDT

Active options: AMD SOFI AMZN QUBT AVGO HOOD UNH MSTR MSFT SMCI META PCG

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Saudi Arabia, Looking Homeward in AI Buildout, Taps Cisco (CSCO) and AMD (AMD) for Cloud Project - The Information

June 11, 2025 4:25 PM EDT

(Updated - June 11, 2025 4:29 PM EDT)

Saudi Arabia, Looking Homeward in AI Buildout, Taps Cisco (NASDAQ: CSCO) and AMD (NASDAQ: AMD) for Cloud Project - The Information

Im working really hard to make sure... More