AMD Stock Surges. The Case to Buy as It Competes With Nvidia on AI Chips. - Barron's
1. AMD stock rose over 2% after a Buy rating upgrade. 2. Analyst predicts AMD will gain a 5% AI chip market share by 2028. 3. New Instinct MI350 series chips show fourfold performance increase. 4. AMD's GPU sales forecast raised to $6.6 billion this year. 5. Strategic partnerships in the Middle East could enhance AMD's market position.