Advanced Micro Devices (NASDAQ: AMD) is enhancing its position in the AI market amid competition with NVIDIA (NASDAQ: NVDA). AMD’s MI 355X GPU surpasses NVIDIA’s Blackwell in memory capacity and bandwidth, making it suitable for large AI workloads. AMD is also accelerating its AI efforts through recent acquisitions, including Eno Semi, Brium, and Untether AI, focusing on the development of its full-stack AI system.
OpenAI will utilize AMD’s upcoming MI450 GPUs and Helios servers to enhance AI workloads, further solidifying AMD’s role in the industry. AMD CEO Lisa Su has projected an 80% increase in AI inference demand by 2026, supported by expanding AI application development. Additionally, analyst sentiment has turned bullish, with expectations for AMD’s stock price to rebound by as much as 65% from mid-June levels in light of a projected 27% revenue increase.
