Group 1 - Advanced Micro Devices, Inc. (AMD) is highlighted for its deal with OpenAI, with a focus on the belief in the financial viability of this partnership [1] - AMD designs and produces semiconductors, processors, GPUs, and adaptive computing solutions, which are essential for AI, cloud computing, and high-performance computing applications [2] - There is a perspective that while AMD has potential, other AI stocks may offer greater upside potential and less downside risk [3]

Group 1 - Advanced Micro Devices, Inc. (AMD) is considered one of the best long-term tech stocks to buy, with HSBC reiterating a 'Buy' rating but lowering its price target from $200 to $185 due to concerns over the average selling price of the M1355 chip [1][2] - The average selling price of AMD's M1355 chip is projected to be $23,000, down from $25,000, leading to a reduction in the 2026 AI GPU revenue estimate from $15.1 billion to $13.9 billion [2][3] - Despite the lowered revenue estimate, it remains 20% above consensus estimates, indicating that Wall Street may be underestimating AMD's AI GPU business [3] Group 2 - AMD is expected to benefit from major cloud service providers like Meta, Microsoft, and Oracle as they begin testing its M1400 rack solution, which is anticipated to diversify the company's revenue base [3] - AMD specializes in high-performance computing and visualization products, including CPUs and GPUs, with applications in AI, cloud computing, and other markets [4]