AMD: Takes off in the AI race with target potential of 300 USD!

AMD's deal with OpenAI has catapulted the chip developer back into the AI race. It signals that there is potential for growth for alternative providers apart from NVIDIA, and AMD is well-positioned with its energy-efficient chips for the ongoing AI infrastructure boom. The deal includes the delivery of several generations of AMD Instinct GPUs, providing a total performance of six gigawatts (GW), starting with the MI450 series in the second half of 2026. This means additional revenues in the double-digit billion range per year for AMD. JP Morgan...