Advanced Micro Devices Positioned for Growth in AI and Data Centers

2 days ago

Thomas Hughes

"Yeah, that's that's Advanced Micro Devices. Advanced Micro Devices is well positioned for for many reasons. Uh but GPUs is one of them. If there's any company that can take market share from Nvidia, it's advanced micro devices. They're going to launch the MI450 line this year which is a rack scale system which means that they will have viable solutions for the hyperscalers which means that people like Google, Amazon, Microsoft, Meta, OpenAI, all the large hyperscalers will be able to buy these uh GPUs in bulk not just as a niche or as a side project. Put it on par with Nvidia as far as its business capability and I expect to see that its GPU and data center business will grow and I think also right now the analyst forecasts are much too low."

Thomas Hughes highlights AMD as his top semiconductor stock for 2026, emphasizing its potential to take market share from Nvidia through the launch of its MI450 line. He cites the company's strong positioning in GPUs and data center markets, noting that current analyst forecasts undervalue its growth prospects.

Related Stocks