AMD receives positive ratings from Wall Street after Advancing AI event, with analysts reiterating Buy ratings and forecasting strong growth.

Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter AMD will also offer MI350 platforms that combine up to 8 GPUs (2.

The MI350 line includes both the MI350X and MI355X and is designed to go head-to-head with Nvidia's ( NVDA) Blackwell line of AI chips. AMD says the processors offer up to four times the AI compute performance and a 35x increase in inferencing capabilities versus its prior-generation MI350 chips.

AMD said Thursday that its forthcoming Instinct MI350 series GPUs provide greater memory capacity and better or similar AI performance compared to Nvidia’s fastest Blackwell-based chips.

Powered by CDNA 4 architecture and up to 288GB HBM3E memory, these chips aim to challenge NVIDIA’s Blackwell GPUs in AI performance and efficiency. AMD will be launching its new Instinct MI350 ...