AMD, Anthropic
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There's no arguing that AMD has come a long way with its graphics cards, but there's still a gap between it an Nvidia that many PC DIYers might ignore.
AMD's AI GPU position is strengthened by hyperscaler diversification needs, with multi-year, multi-gigawatt deals from Meta and OpenAI. See why AMD stock is a buy.
Anthropic PBC will purchase up to two gigawatts worth of graphics cards from Advanced Micro Devices Inc. as part of a multibillion deal announced today. The partnership also has several other components.
AMD is taking aim at Nvidia with Helios, its first AI rack system, and has landed Microsoft as a new customer, joining Meta, OpenAI and Oracle.
A surprise addition to AMD's AI customer roster has analysts scrambling to revise their price targets, and the chipmaker's upcoming July event could determine whether shares reclaim their recent highs or face a painful reset.