$Advanced Micro Devices(AMD)$ $Oracle(ORCL)$ Oracle and AMD are expanding their partnership to build a large AI supercluster for Oracle Cloud Infrastructure, with plans to deploy 50,000 of AMD's next-generation Instinct MI450 GPUs starting in Q3 2026. This looks like part of Oracle's strategy to diversify its infrastructure offerings beyond just Nvidia, aiming for more cost-effective, high-performance options.
$Advanced Micro Devices(AMD)$ Cantor Fitzgerald raised their price target for AMD to $700 from $500 on June 29, maintaining an Overweight rating. That's now the highest price target for the stock on Wall Street. They also named AMD their top pick in the computing sector, placing it ahead of both Nvidia and Broadcom.
$Advanced Micro Devices(AMD)$ Should act as a strong magnet around $600, engaging very soon...if it hasn't already. The magnet is powered by the OpenAI deal, to begin with.
$Advanced Micro Devices(AMD)$ The long-term conviction thesis is being discussed again. Not going to overhype it, just putting things in context. What stands out: Held for about 12 years, up about 137x. Since the 2022 deep dive alone, roughly a 10x move. The thesis was timestamped and publicly verifiable. Why it matters: This is less about calling tops or bottoms, and more about showing what happens when a long-term view survives multiple cycles. At the end of the day, it's really a "hold through the noise" kind of story.
$NVIDIA(NVDA)$ Claude models are now live in Microsoft Foundry, running on Nvidia's GB300 NVL72 platform on Azure with Quantum-X800 networking. Every major AI rollout keeps landing on the same hardware. Who's sitting at the center of it all?
$Advanced Micro Devices(AMD)$ Price is moving above the 1-hour EMAs and consolidating around the 200 EMA. It needs some buying support here to push it back up. Could a bullish engulfing pattern form on the 1-hour and 4-hour charts?