AMD's AI Gameplan: Everything, Everywhere, All At Once

Uttam Dey
3.18K Followers
(8min)

Summary

  • Advanced Micro Devices, Inc. is aggressively targeting the $500B AI accelerator market, unveiling new GPU chips, rack-scale solutions, and expanding software and cloud offerings.
  • The MI350x and upcoming MI400 chips offer superior memory and performance, positioning AMD to compete directly with Nvidia and win hyperscaler deals.
  • Strategic acquisitions and partnerships, strengthen AMD’s data center business and support accelerated growth beyond the market’s 60% CAGR.
  • I see AMD as undervalued, maintaining a $148 price target and Strong Buy rating based on robust EPS growth potential.

Digital Dollar. Cube Concept

BlackJack3D

Investment Thesis

Advanced Micro Devices, Inc.’s (NASDAQ:AMD) Advancing AI day last week revealed one key takeaway: CEO Lisa Su has firmly set her eyes on the multi-billion-dollar AI accelerator market.

Record sales of AMD’s Instinct family of AI

This article was written by

3.18K Followers
Uttam is a growth-oriented investment analyst whose equity research primarily focuses on the technology sector. Semiconductors, Artificial Intelligence and Cloud software are some of the key sectors that are regularly researched and published by him. His research also focuses on other areas such as MedTech, Defense Tech, and Renewable Energy. In addition, Uttam also authors The Pragmatic Optimist Newsletter along with his wife, Amrita Roy, who is also an author on the newsletter as well as on this platform. Their newsletter gets regularly cited by leading publications such as the Wall Street Journal, Forbes, etc. Prior to publishing his research, Uttam worked in Silicon Valley, leading teams for some of the largest technology firms in the world, including Apple and Google.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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