AMD Stock Prediction: Artificial Intelligence/Deep Learning Computers Could Boost AMD

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

AMD Stock Prediction

Summary:
  • The growing need for specialized Artificial Intelligence and Deep Learning computers is a great opportunity for GPU-maker AMD.
  • AMD Instinct products could be attractive alternatives to Nvidia’s pricey Deep Learning Tesla computers.
  • AMD’s release of Vega-based Radeon Instinct deep learning computer products could help it offset any future weakness in server-centric x86 processors.
  • The nascent GPU-Accelerated AI/Deep Learning hardware business is something that Intel could not get involved in.
  • Long-term algorithmic forecasts are hinting AMD’s stock price is more likely to go up within the next 12 months.

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