Hua Er Jie Jian Wen·2025-12-23 00:50Core Viewpoint - Alibaba is considering placing a significant order for 40,000 to 50,000 AMD MI308 AI accelerator chips, which has led to a slight increase in both AMD and Alibaba's stock prices [1][4]. Group 1: Potential Order Details - The potential order from Alibaba involves 40,000 to 50,000 units of AMD's MI308 AI accelerator chips, which are seen as strong competitors to NVIDIA's data center GPUs [4]. - Analysts caution that the final contract terms and timeline for this transaction remain unclear [4]. Group 2: AMD's Market Position and Analyst Sentiment - AMD is striving to catch up and challenge NVIDIA's dominance in the AI computing race, with increasing market share in the AI-focused GPU sector as customers seek diverse suppliers and solutions [5]. - Wall Street shows renewed bullish sentiment towards AMD, with a consensus rating of "strong buy" based on 29 buy and 9 hold ratings over the past three months, indicating a potential upside of 40.45% from the current average target price of $282.39 [5]. - Specific analyst target prices for AMD include $300 from Daiwa, $280 from Piper Sandler, and a high of $377 from Raymond James, reflecting optimism about AI-driven growth continuing through 2026 [5].