Roth MKM analyst Suji Desilva is upbeat about AMD’s AMD, +2.65% opportunity to capitalize on the AI wave, one reason why he initiated the stock with a buy rating and $125 price target late Monday.
“By closely integrating advanced [graphics-processing-unit] capability with multiple Zen-based [central-processing-unit] cores, we believe AMD’s MI300A is very well designed for high performance AI inference and mid-range training,” Desilva wrote.
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Recently there has been a hot topic on Wall Street, which is the "reindustrialization" of the United States.
Wilson, a Morgan Stanley strategist who has long been bearish on US stocks, admitted in a previous report that he had misjudged the extent of the bull market in US stocks. He believes that the reason fo...