📊 𝐈𝐍𝐕𝐄𝐒𝐓𝐎𝐑 𝐍𝐎𝐓𝐄: 📢 𝗝𝗨𝗦𝗧 𝗜𝗡: BofA Sees Server CPU Market Reaching $𝟭𝟳𝟬 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 by 2030 - $AMD(AMD.US) $Intel(INTC.US) $NVIDIA(NVDA.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗕𝗮𝗻𝗸 𝗼𝗳 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 projects the server CPU market at $𝟭𝟳𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 by 2030.

➤ BofA reiterates a 𝗕𝘂𝘆 rating and $𝟯𝟱𝟬 price target on 𝗡𝗩𝗜𝗗𝗜𝗔.

➤ 𝗡𝗩𝗜𝗗𝗜𝗔's 𝗩𝗲𝗿𝗮 CPU intensifies competition with 𝗔𝗠𝗗 in AI infrastructure.

➤ BofA says the key debate is 𝗹𝗮𝘁𝗲𝗻𝗰𝘆 versus 𝘁𝗵𝗿𝗼𝘂𝗴𝗵𝗽𝘂𝘁 for agentic AI.

➤ Vera features 𝟴𝟴 𝗔𝗥𝗠-based cores and 𝟭.𝟮𝗧𝗕/𝘀 memory bandwidth.

➤ BofA says AMD estimates 𝗘𝗣𝗬𝗖 𝟵𝟵𝟲𝟱 delivers about 𝟮.𝟰𝘅 rack-level throughput.

➤ AMD projects next-generation 𝗘𝗣𝗬𝗖 𝟲 could deliver roughly 𝟯.𝟯𝘅 throughput.

➤ 𝗔𝗠𝗗 𝗔𝗜 𝟮𝟬𝟮𝟲 𝗗𝗮𝘆 is seen as the next key catalyst.

➤ BofA says 𝘅𝟴𝟲 software incumbency could remain a long-term advantage for AMD and Intel.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗩𝗶𝘃𝗲𝗸 𝗔𝗿𝘆𝗮, Analyst at Bank of America:

"The key question for investors is whether agentic AI is primarily constrained by time-to-complete an agent or number-of-agents-per-rack."

"NVDA's framework is rooted in latency, per-thread progress, and GPU utilization. AMD's framework is rooted in concurrency, throughput, and service density."

"Our expectation is that AMD's Thursday event will be less about benchmark comparisons and more about establishing the industry's preferred metric."