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BTCC / BTCC Square / Global Cryptocurrency /
AMD Gains Analyst Praise for AI Growth Potential, Eyes Nvidia Rivalry

AMD Gains Analyst Praise for AI Growth Potential, Eyes Nvidia Rivalry

Author:
Global Cryptocurrency
Published:
2025-06-24 17:36:02
14
1
BTCCSquare news:

Advanced Micro Devices (AMD) shares surged following a CFRA upgrade, with top-rated analyst Angelo Zino forecasting the chipmaker will narrow Nvidia's lead by 2026. The bullish outlook hinges on AMD's upcoming MI400x AI chips and pivot to rack-scale computing, amplified by its acquisition of ZT Systems.

Oracle and OpenAI headline a growing roster of clients adopting AMD's AI accelerators, while software improvements to its ROCm stack strengthen its competitive position. A projected Q4 rebound in GPU server demand, sovereign AI projects, and potential re-entry into China could deliver further upside.

|Square

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