AMD Expands AI GPU Partnerships, Boosts Enterprise-Scale AI Capabilities

Advanced Micro Devices (AMD) is strengthening its position in the AI sector through significant advancements in GPU technology and strategic partnerships. Analyst Tristan Gerra and Cantor Fitzgerald maintain a Buy rating on AMD with a price target of $140, citing its expanding AI accelerator market and collaborations with major tech firms like Meta, OpenAI, and Microsoft. AMD recently announced new Instinct MI350 series GPUs and rack-scale AI systems designed to compete with Nvidia, with support from leading cloud and OEM partners including Oracle, Dell, and Hewlett Packard Enterprise. Oracle has partnered with AMD to integrate MI355X GPUs into its Cloud Infrastructure, promising over double the price-performance for AI workloads and positioning Oracle as a competitive player in AI-driven cloud computing. Additionally, Infobell IT Solutions expanded its collaboration with AMD to develop enterprise-ready AI solutions leveraging AMD’s Instinct GPUs and EPYC CPUs, accelerating AI adoption with improved performance and sustainability. These developments collectively highlight AMD's growing influence in AI hardware and cloud infrastructure markets, backed by robust product innovation and strategic alliances.