AMD’s actions already grow 19% so far this year thanks to the strength of their artificial intelligence processors similar to those of Nvidia.
The Advanced Micro Devices Actions (AMD) They jumped more than 5% in the last days after a Wall Street analyst said that their new chips could compete comfortably against those of Nvidiathe most popular of the moment.
In this way, the technological giant already accumulates a rise from 19% so far this year and 90% since the minimum of April. Consequently, AMD already has a stock capitalization of US $ 235.7 billion.
AMD artificial intelligence chips could compete with Nvidia’s
According to HSBC analysts, AMD MI350 series chips are comparable to the current Blackwell of NVIDIA that dominate the market. In addition, the MI400 that will be launched next year will rival the next generation Vera Rubin platform of Nvidia.
For the bank, the average sale price of MI355 could reach US $ 25,000 per unit, well above the previous estimate of US $ 15,000. This substantial increase could translate into a strong impulse for the income from AMD artificial intelligence in fiscal year 2026 and trigger a revaluation that the market did not yet discounted completely.
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For this reason, experts in charge of the analysis raised their qualification for AMD’s actions to “keep” buy “and target price of US $ 100 au $ 200which would imply a 38% leap from the current level.
Technical and fundamental optimism
Fortunately, prices behavior also shows a new bullish trend. Specifically, The 50 -day mobile average continues to approach the 200 -daywhich paves the way for a possible sign of golden crossing. At the same time, the Relative Force Index (RSI) supports the impulse when located just below the level that indicates overcompra.
Optimism emerged shortly after the executive director Smooth hisDuring the AMD artificial intelligence event held last month, the company’s commitment to an open ecosystem will reaffirm.
Likewise, the top executive assured that AMD will cover all the main frames and offer Comprehensive solutions to facilitate and reduce the implementation of artificial intelligence hardware.
Source: Ambito
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