$Advanced Micro Devices(AMD)$ AMD could secure more than $20B in spending from Anthropic under its initial AI computing arrangement, according to Anthropic's updated IPO filing. The agreement involves AMD's Helios rack-scale systems and MI450-series GPUs, with initial capacity planned for 2027 and the possibility of additional orders. I think this is worth watching because AMD is increasingly getting opportunities to compete for large AI infrastructure deployments that have traditionally favored NVDA.
$Advanced Micro Devices(AMD)$ Selling AMD right now, a week before a Q3 report that everyone fully expects to be the best since the company's inception, isn't just unwise—it's plain stupid.
$NVIDIA(NVDA)$ This buildout will likely last several more years. Will there be more AI scares and selloffs? Absolutely, we've already had plenty. Unless the story changes, you have to stick with what is working. The fact is AI spend and demand is only increasing, and NVDA will continue to capture the majority of the sales.
$Advanced Micro Devices(AMD)$ The only bubble I see is in all the bubble talk. I'll keep holding. I think earnings will be a blowout with shock and awe guidance. And if not, the hold just continues. AI isn't going away. Transformative technology, not tulips.
$Advanced Micro Devices(AMD)$ AMD is set to report earnings in two weeks, and it could be the best one in their history. Their earnings guidance has already been revised upward three times this year. 2027 and 2028 look like they could be even better.
$Advanced Micro Devices(AMD)$ Even Rasgon has a 650 target. Morgan Stanley doesn't seem to know what they're talking about here, and they haven't even paid attention to the MI450 and MI500 coming in 2027.
$Advanced Micro Devices(AMD)$ AMD has been beaten and bruised by many analysts over the last 8 years and they will continue to do so. But it's hard to believe that even at the best of times for the company, someone would try to forecast out 3 years and include 2026. No respect for Morgan Stanley.
$Advanced Micro Devices(AMD)$ It's worth remembering that Lisa was making power moves not long ago. Back then, the tone was much more enthusiastic. Now it feels like that momentum is building again.