AMD Closing Competitive GPU Gap With Nvidia, Gains Market Share From Intel In Client And Server Markets: Analyst
1. Analyst reiterated AMD as a Buy with a $170 price target. 2. AMD's MI350 GPU launch is advanced to mid-2025, enhancing competitiveness. 3. AMD gains market share in Client and Server sectors, outperforming Intel. 4. Strong EPYC CPU sales driven by high-volume deployments with key clients. 5. MI300X has powered significant AI applications across multiple tech giants.