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Posted by
Two Blokes May 15 -
Filed in
Stock
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Advanced Micro Devices, Inc.'s outlook brightens with positive U.S.-China trade developments and upcoming MI350 AI accelerator launch at the Advancing AI event, maintaining my Strong Buy rating. AMD's Data Center business shows robust growth, with MI300 AI accelerator driving revenues; MI350 expected to further boost this segment. Management is expected to announce critical changes to ROCm, its software stack, with some updates already underway. Plus, updates on its rack-scale level designs will also follow per my analysis.
