Robust Demand Outlook for AMD Amid Chinese AI Accelerator Orders

28 days ago

Jose Najarro

"Now I want to talk a look at AMD. AMD was up a nice amount at the beginning of the day and later reports indicated that Alibaba is considering placing a major order for AMD artificial intelligence chips, with sources saying Chinese tech giants could purchase between 40 to 50,000 of AMD's MI308 accelerators. I do think this is extremely bullish for AMD given the strong demand in the data center market. And with new product iterations like the competitive MI325, I believe AMD can benefit dramatically from these developments."

The speaker highlights strong buying interest in AMD as Alibaba and other Chinese tech companies may place large orders for its AI accelerators. He emphasizes the bullish potential driven by expanding data center demand and improved product competitiveness with the MI325, positioning AMD as a key beneficiary in the evolving market.

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