AMD is making waves in the AI chip market, with analysts at HSBC suggesting its new AI chips are closing the gap with Nvidia. The firm doubled its price target on AMD stock to $200, projecting a potential 37% increase. AMD's MI350X and MI355X data center chips are more powerful than previous models, and the MI355 AI GPU is reportedly 30% cheaper than Nvidia's B200. AMD is partnering with companies like Meta and Microsoft. Wells Fargo also raised its price target for AMD to $185, anticipating increased data center GPU growth supported by the MI355X chips and progress with fifth-generation Epyc processors (Turin). Meanwhile, analysts predict Amazon and Alphabet could reach $3 trillion market values. Morgan Stanley increased its price target for Amazon to $300 per share, while Phillip Securities set Alphabet's target at $250. Amazon is leveraging AI to enhance its e-commerce, advertising, and cloud services, while Alphabet is a leader in AI infrastructure and machine learning. In other AI-related news, Binance will list Trusta.AI (TA) for trading on July 21, 2025, and offer TAUSDT contracts with up to 50x leverage. Trusta.AI is an identity protocol for AI, using a MEDIA Score to assess user safety. BrightAI, which uses AI for infrastructure maintenance, raised $51 million for its Stateful platform, which monitors infrastructure like power poles and water pipes. Unify, an AI platform for improving company revenue, secured $40 million in Series B funding. Perplexity, a Unify customer, generated $1.7 million in pipeline in three months. Blaize Holdings stock jumped 100.99% after securing a $120 million investment in Asia for its AI projects. However, analysts recommend selling SoundHound AI (SOUN) stock, citing that its growth is mainly from acquisitions, not organic expansion, and its high valuation. Finally, a $70 billion bill aimed at boosting AI production in the United States could benefit Taiwan Semiconductor (TSM).
Key Takeaways
- HSBC projects AMD stock could jump 37% to $200, as its new AI chips close the gap with Nvidia.
- AMD's MI355 AI GPU is reportedly 30% cheaper than Nvidia's B200.
- AMD is partnering with Meta and Microsoft on AI initiatives.
- Analysts predict Amazon and Alphabet could reach $3 trillion market values, driven by AI advancements.
- Binance will list Trusta.AI (TA) on July 21, 2025, with up to 50x leverage trading.
- BrightAI raised $51 million for its AI-powered infrastructure maintenance platform.
- Unify secured $40 million to expand its AI platform for sales, with Perplexity generating $1.7 million in pipeline using it.
- Blaize Holdings stock rose 100.99% after a $120 million AI investment in Asia.
- Analysts recommend selling SoundHound AI (SOUN) stock due to concerns about organic growth and high valuation.
- A $70 billion US bill to boost AI production could benefit Taiwan Semiconductor (TSM).
AMD stock may jump 37% says Wall Street analyst
HSBC believes AMD's new AI chips are closing the gap with Nvidia. An HSBC analyst doubled the price target on AMD stock to $200, suggesting a 37% increase. AMD launched its MI350X and MI355X data center chips, which are more powerful than previous models. AMD is partnering with AI companies like Meta and Microsoft. AMD's MI355 AI GPU is reportedly 30% cheaper than Nvidia's B200, potentially tripling data center GPU revenue by 2026.
AMD stock may jump 37% says Wall Street analyst
HSBC believes AMD's new AI chips are closing the gap with Nvidia. An HSBC analyst doubled the price target on AMD stock to $200, suggesting a 37% increase. AMD launched its MI350X and MI355X data center chips, which are more powerful than previous models. AMD is partnering with AI companies like Meta and Microsoft. AMD's MI355 AI GPU is reportedly 30% cheaper than Nvidia's B200, potentially tripling data center GPU revenue by 2026.
Amazon and Alphabet stocks could surge to $3 trillion analysts say
Analysts predict Amazon and Alphabet could reach $3 trillion market values. Morgan Stanley increased its price target for Amazon to $300 per share. Phillip Securities set Alphabet's target price at $250 per share. Amazon uses AI to improve its e-commerce, advertising, and cloud services. Alphabet is a leader in AI infrastructure and machine learning, but faces antitrust lawsuits.
Binance adds Trusta.AI token with high leverage trading
Binance will list Trusta.AI (TA) for trading on July 21, 2025. There will be an airdrop of TA tokens for eligible users. Trusta.AI is an identity protocol for AI, using a MEDIA Score to assess user safety. The TA token is used for payments, rewards, and voting within the Trusta.AI system. Binance Futures will offer TAUSDT contracts with up to 50x leverage.
AMD stock price target raised as data center growth speeds up
Wells Fargo raised its price target for AMD stock to $185 per share. The firm expects AMD's data center GPU growth to increase in the second half of 2025. This growth will be supported by the MI355X chips. AMD is also expected to highlight its progress with fifth-generation Epyc processors, called Turin.
BrightAI raises $51M for AI in power systems and pest control
BrightAI, a startup using AI for infrastructure maintenance, raised $51 million. The company's Stateful platform uses sensors and AI to monitor infrastructure like power poles and water pipes. BrightAI's technology helps with tasks like pest control and inspecting equipment. Azuria Water Solutions uses Stateful to train robots to repair pipes. Pelsis uses it for AI-powered insect traps.
$70 billion AI investment could boost Taiwan Semiconductor stock
A new $70 billion bill aims to boost AI production in the United States. Taiwan Semiconductor (TSM) is likely to benefit from this investment. An analyst from Needham & Company gives a Buy rating for TSM stock, with a target of $270 per share. PineStone Asset Management increased its holdings in Taiwan Semiconductor stock by 3.5%, reaching $1.6 billion.
SoundHound AI growth is unclear analysts say sell the stock
Analysts say SoundHound AI's growth is mainly from acquisitions, not organic expansion. The company's revenue forecasts show little organic growth. The stock is trading at a high valuation of 30 times its 2025 sales targets of $167 million. Analysts recommend selling SoundHound AI (SOUN) stock due to its unclear growth and high price.
Unify gets $40M to transform sales with AI platform
Unify, an AI platform for improving company revenue, raised $40 million in Series B funding. The platform combines data, AI agents, and campaign automation. It helps sales teams use real-time signals to connect with potential customers. Perplexity, a Unify customer, generated $1.7 million in pipeline in three months. Unify plans to use the funds to expand its research, development, and sales operations.
Blaize Holdings stock jumps on $120M AI investment
Blaize Holdings stock rose 100.99% after securing a $120 million investment in Asia for its AI projects. The funding is expected to boost Blaize Holdings' technology and market growth. Investors are showing interest in the company's focus on AI and innovation. Blaize Holdings aims to use advanced technology to grow and compete in the AI market.
Sources
- 1 Artificial Intelligence (AI) Stock to Buy Before It Jumps 37%, According to a Wall Street Analyst
- 1 Artificial Intelligence (AI) Stock to Buy Before It Jumps 37%, According to a Wall Street Analyst
- 2 Artificial Intelligence (AI) Stocks to Buy Before They Surge to $3 Trillion, According to Select Wall Street Analysts
- Binance Lists Trusta.AI Token With 50x Leverage Trading
- AMD Gets Price Target Hike as Analysts See Data Centre Growth Accelerating
- Khosla, Pritzker Back AI for Power Systems, Pest Control Startup
- A New $70 Billion AI Investment Could Push Taiwan Semiconductor
- SoundHound AI: Murky Growth (NASDAQ:SOUN)
- Unify Secures $40M Series B to Revolutionize the Future of Go-To-Market with AI
- Blaize Holdings Soars 100.99% on $120M AI Investment