AMD is keeping its momentum alive. Here are two reasons for optimism.
1. AMD partners with Oracle to launch a new AI supercluster next year. 2. AI supercluster will utilize 50,000 MI450 GPUs and Helios rack-scale solution. 3. Wolfe Research analysts upgraded AMD to outperform post OpenAI deal. 4. AMD's earnings power predicted to exceed $10 per share by 2027. 5. Revenue estimates boosted from traditional server strength and AI demand.