Goldman Sachs analyst Toshiya Hari maintains a Buy rating on Advanced Micro Devices (AMD), citing a surge in AI infrastructure spending across industries. AMD’s strong product pipeline, including competitive GPUs and server CPUs, positions it for continued growth. The analyst expects AMD to benefit from the cyclical recovery in server CPU demand and gain market share in the Enterprise segment, leading to revenue growth and improved margins.
AMD is making a strong push into the AI market with new hardware, software, and strategic partnerships. The company unveiled its powerful MI325X GPU and next-generation EPYC processor, targeting Nvidia’s dominance in AI accelerators and server CPUs. While AMD’s advancements are impressive, capturing significant market share from Nvidia will be a lengthy battle.
Intel has unveiled its new Xeon ‘Clearwater Forest’ server CPU, the first chip fabricated on the company’s innovative 18A process node. This marks a significant step forward for Intel, as it strives to regain its position in the semiconductor market. The chip is expected to launch in 2025 and will be manufactured in the USA, showcasing Intel’s commitment to domestic production.
