2026년 2월 14일 · Unknown · financial · 출처 Yahoo Finance
This article first appeared on GuruFocus.
Advanced Micro Devices (AMD, Financials) was initiated with a Neutral rating by DA Davidson, with a $220 price target implying limited upside from current levels.
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Gil Luria, an analyst, noted that the company's caution has nothing to do with AMD's overall business, which is still strong in consumer and server CPUs. Instead, the worry is about AMD's ability to compete in the rapidly rising market for artificial intelligence accelerators.
Luria said that performance at scale depended on more than just chip characteristics, even if AMD's Instinct MI300 GPUs seem to do well on technical benchmarks. Nvidia is ahead of the game when it comes to sophisticated networking, software integration, and ecosystem support, which are all things that large AI training clusters need.
The expert said that AMD was behind in AI accelerators and that big AI developers still relied largely on Nvidia systems for heavy workloads.
Even if the company is neutral, the overall mood on Wall Street is still favorable, and many analysts still give AMD buy recommendations because they think the company has a lot of room to develop in the long run.
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