- AMD will host its Advancing AI 2026 conference on July 22-23, where it expects to launch Zen 6 EPYC Venice server processors built on TSMC's 2nm process.
- The company is also highlighting its Helios rack-scale platform, an AI system integrating EPYC processors and MI455X GPUs, which Meta intends to deploy in the second half of 2026.
- Wall Street analysts maintain bullish price targets between $600 and $640 ahead of the Q2 earnings report on August 4, though some warn that current high valuations may already price in the AI growth upside.
Quotes
“game-changing declarations”
“AMD's AI upside may already be priced in given its valuation”