The Long-term Perspectives of AI in AMD
In recent news, financial analysts have expressed a positive outlook on the long-term possibilities for Advanced Micro Devices (AMD) in the field of artificial intelligence (AI). While acknowledging the need for time to develop the AI ecosystem fully, experts emphasized their belief in the improvement of AMD’s overall performance in 2023 and a strong growth in the AI sector in 2024.
One must note, however, that enthusiasm is somewhat dampened by the significant rise in AMD’s stocks, which have increased by over 75% since the previous financial report. Additionally, some buyers’ expectations regarding the sales of the MI300 chip – which combines supply chain capabilities with revenues – may be premature at this stage.
Prior to the release of AMD’s financial results this week, Morgan Stanley expects AI revenues to exceed $2 billion, surpassing the initially projected figures for 2024. Nonetheless, analysts caution against prematurely setting high expectations for the first year or defining the full potential based on this one year alone, as AMD continues to develop and expand the entire AI ecosystem.
Regarding AI, Morgan Stanley experts make it clear that they have “significantly greater preferences for NVDA stocks over AMD.”
FAQ
Q: What are the long-term perspectives of AMD?
A: Analysts have a positive perspective on AMD’s long-term possibilities.
Q: What do experts emphasize regarding AMD’s performance in 2023?
A: Experts emphasize their belief in an improvement in AMD’s overall performance in 2023, despite the challenges, as well as strong growth in the field of artificial intelligence in 2024.
Q: Why is enthusiasm somewhat dampened?
A: Enthusiasm is slightly dampened by the significant rise in AMD’s stocks, which have increased by over 75% since the previous financial report, and the expectations of some buyers regarding the sales of the MI300 chip.
Q: What are the forecasts for AMD’s AI results in the future?
A: Morgan Stanley anticipates AMD’s AI results to significantly exceed the projected $2 billion for 2024. However, analysts caution against setting high expectations for the first year and defining the full potential based on this one year alone.
Q: Which stocks does Morgan Stanley prefer in the context of AI?
A: In the context of AI, Morgan Stanley has “significantly greater preferences for NVDA stocks over AMD.”
Definitions:
– A.I.: Artificial Intelligence refers to technologies and algorithms that enable computers or machines to imitate human intelligence.
– AMD: Advanced Micro Devices, Inc. is an American company specializing in the production of microprocessors, graphics cards, and other computer components.
Suggested Related Links:
– AMD Official Website
– NVIDIA Official Website
The source of the article is from the blog elblog.pl