Is AMD’s (AMD) Expanding AI Partnerships Quietly Redefining Its Long‑Term Data Center Strategy?
AMD is expanding its AI partnerships, notably with OpenAI, which secured access to up to 6 gigawatts of AMD chips. This move, along with new AI deployments and upcoming product launches, highlights AMD's growing role in AI infrastructure across various sectors. The OpenAI deal is a key catalyst for AMD's AI data center strategy, despite risks like export controls and competition. AMD projects significant revenue and earnings growth by 2028, with a fair value estimate suggesting a 43% upside to its current stock price.
