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AMD’s AI Leap Ahead of Nvidia | Raleigh News
Bank of America sees AMD on the cusp of a repeat of its 20-year battle with Intel—but turbocharged for the AI era. With a renewed buy rating and boosted long-term earnings forecasts, BofA believes AMD’s AI accelerator growth is just beginning, projecting earnings to soar past $30/share by 2030 from under $8 this year. Despite beating earnings and revenue expectations, AMD’s stock dipped as investors fret over margins and infrastructure spending—BofA urges them to look ahead. The key? AMD’s pivot to selling complete AI systems, like Helios racks, which bundle chips, GPUs, and networking…
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