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MI450 AI Accelerator to Power Advanced Micro Devices’ (AMD) 2026 Returns
Yahoo Finance· 2026-02-04 01:58
Group 1 - Advanced Micro Devices (NASDAQ:AMD) is recognized as one of the top 10 growth stocks on NASDAQ for the next decade, with a Buy rating and a price target of $300, indicating a 19% upside potential from the current price [1] - AMD's fundamentals are improving, driven by strong demand for EPYC Server CPUs, with certain configurations sold out for a significant portion of 2026, and an increase in PC demand due to the Windows 10 end-of-life, although memory constraints may limit growth [2] - The demand for AI is also a positive factor, with expectations for strong Q4 results attributed to robust data center demand and MI350 GPU sales, alongside anticipated benefits from the MI450 accelerator launch in the latter half of the year [3] Group 2 - The new Ryzen 7 chip, announced at CES 2026, has received positive feedback, showing a 7% performance increase over the previous 9800X3D chip without significant memory upgrades, indicating effective R&D efforts [4] - AMD is a semiconductor company known for its Ryzen CPUs, Radeon graphics cards, EPYC server processors, and AI inference accelerators, led by Dr. Lisa Su and headquartered in Santa Clara, California [5]