AMD: Data Center Supply Constraints, Gaming Revenue Decline Results In HOLD Rating


  • AMD’s MI300 is the fastest-growing product in company history, surpassing $1 billion in sales in under two quarters.
  • AMD plans to release new AI accelerators annually to compete with NVIDIA, but faces supply chain limitations.
  • Revenue forecasts have been adjusted, with a HOLD rating on the stock.

AMD headquarters in Santa Clara, California, USA


Investment thesis

The MI300 has become the fastest growing product in AMD’s history, surpassing $1 billion in total sales in less than two quarters. However, the company is experiencing a supply shortage, which limits the segment’s future financial results.

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