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AMD’s AI Leap Surprises Bank of America | Durham News
Bank of America just raised AMD’s price target to $620, signaling a major shift in how they view the company—not just as a chipmaker, but as a full AI systems supplier. With their new “Helios rack” integrating hardware and software for seamless AI workloads, AMD is scaling production fast, backed by major deals from Anthropic, OpenAI, and Meta. Their ROCm.ai software, built on ROCm 7, is also showing strong performance and cost advantages. The bank believes the market is underestimating AMD’s aggressive, multi-layered AI play. Listen in comfort:Get a discount on a Soli Pillow…
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