AMD Doubles Down on AI Arms Race—Snaps Up Brium in Strategic Power Play
Another day, another tech giant buying innovation instead of building it. AMD just opened its war chest to grab AI upstart Brium—because why risk organic growth when you can acquire the competition?
The move screams 'keep up with Nvidia' as chipmakers scramble for AI dominance. Wall Street analysts nod approvingly while quietly calculating how many layoffs will 'synergize' with this deal.
One thing's certain: In the high-stakes poker game of silicon supremacy, AMD just went all-in. Whether this hand pays off depends on how fast they can integrate—before the next paradigm shift leaves them holding last-gen tech.
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Anush Elangovan, corporate vice president of software development at AMD, said that Brium’s advanced software expertise will boost AMD’s ability to deliver highly optimized AI solutions, particularly for its Instinct GPUs.
A major benefit AMD sees in Brium is its ability to optimize the entire inference stack before the model even reaches the hardware. This capability reduces reliance on specific hardware configurations, leading to faster, more efficient AI performance across most deployments.
It must be noted that this deal is AMD’s fourth strategic MOVE in the past two years, aimed at strengthening its AI portfolio. Previously, AMD acquired Silo AI, Nod.AI, and Mipsology, all focused on AI software optimization.
TipRanks’ AI Analyst Bullish on AMD Stock
AMD stock has received an ‘Outperform’ rating from TipRanks’ A.I.-driven stock analysis. The stock has earned a score of 81 out of 100 and a price target of $133, which implies upside of 12.2%.
Overall, the AI analyst is optimistic about AMD’s strong financial health and solid growth potential, especially in AI and data centers. While valuation risks remain high, its strategic moves and strong earnings suggest a promising future.
Is AMD a Good Stock to Buy Now?
Turning to Wall Street, AMD stock has a Moderate Buy consensus rating based on 22 Buys and 10 Holds assigned in the last three months. At $126.55, the average AMD price target implies a 6.72% upside potential.