AMD’s New AI Chips Just Got a Huge Vote of Confidence From Sam Altman
From Nasdaq: 2025-06-25 13:00:00
Advanced Micro Devices (AMD) has been underperforming compared to Nvidia, with shares down 20% in the past year. However, AMD is making strides in AI technology, launching new chips that have caught the attention of OpenAI CEO Sam Altman. Altman plans to buy the new chips and sees great potential in them.
AMD’s growth rate has been improving, making it an attractive option for investors seeking high-growth stocks. With a market cap of $210 billion compared to Nvidia’s $3.5 billion, AMD has room for growth. By aggressively pricing its new AI chips and targeting market share from Nvidia, AMD aims for faster growth.
Investors are optimistic about AMD’s future potential, especially with the launch of its Instinct MI400 chips. While margins may take a hit initially, proving the competitiveness of its chips against Nvidia’s will be crucial for long-term success. Analysts believe AMD is a good stock to buy right now, with potential for significant growth in the coming years.
Read more at Nasdaq: AMD’s New AI Chips Just Got a Huge Vote of Confidence From Sam Altman