Reported 1 day ago
AMD is challenging Nvidia's long-standing dominance in AI chips with the upcoming launch of its Instinct MI400 series, designed to enhance AI model performance. Amidst a 35.9% revenue growth to $7.4 billion in Q1 2025, AMD's stock has surged 22.5% recently. Analysts are optimistic, rating AMD as a 'Moderate Buy' with a target price suggesting a potential upside, even as some profitability concerns loom for Q2 2025.
Source: YAHOO