Published:
Wall Street may be waiting for Advanced Micro Devices’ first rack-scale offering later this year, but KeyBanc said it’s now time to buy the chip maker’s stock, as previous worries about a possible “air pocket” in demand have eased.
KeyBanc analyst John Vinh wrote in a late Monday note that AMD
AMD is close to “being completely sold out” of its server central processing units due to a “recent surge” in demand from hyperscalers building data centers. On that, AMD is considering raising prices for its server CPUs by 10% to 15% in the first quarter, he added.
