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Labrish
Nyuuz
Wall Street Cheers AMD MI350 But Asks Whos Next
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[QUOTE="Munyaradzi Mafaro, post: 42436, member: 636"] AMD held its Advancing AI event and gained positive reviews from Wall Street experts. The company showed new MI350 series graphics cards based on fourth-generation Instinct technology. These processors will arrive during the third quarter of 2025. AMD claims the chips deliver four times more AI computing power and thirty-five times better inference performance. The lack of major new customers disappointed some investors. The seventh version of ROCm software platform promises better performance for AMD graphics cards. This open-source tool helps developers improve their AI applications. ROCm 7 provides 3.5 times faster inference and three times quicker training compared to older versions. AMD also announced the Helios AI rack system combining MI400 processors with Venice CPUs. The platform launches during 2026 for data centers. Cantor Fitzgerald analyst C.J. Muse expects AMD to earn six billion dollars from AI sales during late 2025. He believes the company could reach ten to twelve billion dollars during 2026 if everything works properly. Bernstein analyst Stacy Rasgon felt less excited about the announcements. He appreciated AMD suggesting strong growth rates above eighty percent for inference computing. Missing customer announcements likely hurt stock performance after the presentation. [/QUOTE]
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Wall Street Cheers AMD MI350 But Asks Whos Next
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