Stock Forecast Based On a Predictive Algorithm | I Know First |Radeon Archives - Stock Forecast Based On a Predictive Algorithm

AMD Stock Forecast: 3 Driving Forces of AMD’s Long-Term Bullish Outlook

This article was written by Kwon Sok Oh, a Financial Analyst at I Know First.

The 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.

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.