Reading Time: 2 minutes
I think the price decline at AMD after the quarterly figures presents an opportunity in the range of $150-160. I see the following reasons for this. Meta is an important customer. They are already utilizing the MI325 and MI300X for training and inference of ranking and recommendation workloads. Meta plans to invest hundreds of billions of dollars in data centers. This will lead to significant demand for AMD chips. AMD has highly energy-efficient chips, which is becoming increasingly important for power-intensive data centers. AMD aims to...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
