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JP Morgan Believes AMD’s AI GPU Business Would Grow By 60 Percent This Year, Highlights Oracle’s Initial Order Of 30,000 MI355X GPUs

JP Morgan Believes AMD’s AI GPU Business Would Grow By 60 Percent This Year, Highlights Oracle’s Initial Order Of 30,000 MI355X GPUs

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A few months back, Wall Street analysts were generally bearish on AMD’s AI GPU business, with Wolfe Research noting in December 2024 that “AMD won’t be in a position to guide AI for CY25.” The prevailing sentiment was perfectly captured by the president of comma.ai, George Hotz, when he declared in January 2025…

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