Overview
- AMD shares rose roughly 78% in 2025, outpacing Nvidia’s ~35% gain as investors reassessed its AI prospects.
- AMD reported a tenfold year-over-year increase in ROCm downloads by November 2025, while Nvidia’s CEO said the company was sold out of cloud GPUs, creating a near-term opening for alternatives.
- The company announced marquee AI partnerships, including OpenAI’s plan to deploy 6 gigawatts of Instinct accelerators and Oracle’s public AI supercluster built around 50,000 MI450 GPUs starting in Q3 2026.
- AMD plans to roll out MI450 accelerators and Helios rack-scale systems in the second half of 2026, with initial deployments tied to OpenAI and Oracle.
- Record Q3 2025 revenue reached $9.25 billion with $4.3 billion from data center, and management is targeting a 60% data-center CAGR to 2030 as analysts’ consensus 12-month target sits near $283.