The AI landscape is seeing significant activity across multiple sectors, from chip manufacturing to software development and investment. AMD is making strides in the AI chip market, with Oracle set to use 131,072 of its Instinct MI355X GPUs for AI. AMD's data center revenue has increased significantly, driven by demand for its MI300 series, which Microsoft and Meta are utilizing. Following news that Nvidia and other AI chip providers can resume shipments to China, Mizuho analyst Vijay Rakesh increased AMD's price target to $175, noting that AMD can now ship its MI308 chips to China, a market valued at $50 billion. Broadcom is also benefiting from the AI boom, experiencing substantial growth in AI chip revenue and maintaining high gross margins. Elsewhere, ServiceNow is experiencing high trading volume and positive analyst sentiment, with Fitzgerald raising the price target to $1,200 due to strong business trends and AI spending. However, BigBear.ai experienced a drop in trading volume and stock price despite its AI and data analytics solutions. AI code review startup Greptile is raising $30 million in a Series A round led by Benchmark, valuing the company at $180 million. SoundHound AI, after a significant stock rise last year, faces a more speculative outlook despite partnerships with automakers. AI startups like Perplexity and Anthropic are attracting substantial funding, with Anthropic potentially reaching a $100 billion valuation. Major players like Google, Meta, and Blackstone are planning massive investments in AI data centers, underscoring the continued growth and importance of AI infrastructure.
Key Takeaways
- AMD's data center revenue increased significantly due to demand for its MI300 series, used by Microsoft and Meta.
- Oracle will use 131,072 AMD Instinct MI355X GPUs for AI.
- Mizuho raised AMD's price target to $175 after news that it can ship MI308 chips to China.
- Broadcom's AI chip revenue grew 46% last quarter, driven by custom AI chip demand.
- ServiceNow's stock saw high trading volume, and analysts raised the price target to $1,200 due to AI spending.
- BigBear.ai experienced a 38.35% drop in trading volume despite its AI and data analytics solutions.
- Greptile, an AI code review startup, is raising $30 million in a Series A round led by Benchmark, valuing it at $180 million.
- SoundHound AI's stock is speculative despite partnerships with automakers like Stellantis and Hyundai.
- AI startups like Perplexity are seeing large funding rounds, and Anthropic may soon be valued at $100 billion.
- Google, Meta, and Blackstone are planning to invest billions in AI data centers.
AI Stocks to Buy Now Advanced Micro Devices and Broadcom
The AI chip market is growing fast, and investors can profit from it. Advanced Micro Devices (AMD) is increasing its data center business. Oracle will use 131,072 AMD Instinct MI355X GPUs for AI. Broadcom is also benefiting from custom AI chip demand and its AI chip revenue grew 46% last quarter.
AI Stocks to Buy Now Advanced Micro Devices and Broadcom
The AI chip market is growing fast, and investors can profit from it. Advanced Micro Devices (AMD) is increasing its data center business. Oracle will use 131,072 AMD Instinct MI355X GPUs for AI. Broadcom is also benefiting from custom AI chip demand and its AI chip revenue grew 46% last quarter.
Advanced Micro Devices and Broadcom Top AI Stocks for Investment
The AI chip market is booming, and Advanced Micro Devices (AMD) and Broadcom are set to gain. AMD's data center revenue jumped 80% due to demand for its MI300 series. Microsoft and Meta Platforms are using these chips. Broadcom supplies custom AI chips and networking solutions, with 75% gross margin. Analysts predict solid earnings growth for both companies.
AMD Stock Target Raised After China AI Chip News
Mizuho analyst Vijay Rakesh increased the price target for Advanced Micro Devices (AMD) to $175. This follows news that Nvidia and other AI chip providers can resume shipments to China. AMD can now ship its MI308 chips to China, a market worth $50 billion. Price targets for Nvidia and Broadcom were also raised.
AMD Stock Target Raised After China AI Chip News
Mizuho analyst Vijay Rakesh increased the price target for Advanced Micro Devices (AMD) to $175. This follows news that Nvidia and other AI chip providers can resume shipments to China.
ServiceNow's AI Growth Excites Analysts Stock Volume High
ServiceNow's stock saw high trading volume with $10.96 billion. Analysts at Fitzgerald raised the price target to $1,200 due to strong business trends and AI spending. ServiceNow's Q2 earnings are expected to increase by 13.1%. ServiceNow's Hyderabad center is scaling AI development, but its Moveworks acquisition faces antitrust review.
BigBear.ai Trading Volume Drops Despite AI Advances
BigBear.ai Holdings experienced a 38.35% drop in trading volume. The company's stock price also decreased by 3.28%. BigBear.ai provides AI and data analytics solutions. The company is expanding its products and services and strengthening partnerships to drive innovation and growth.
Benchmark Invests in AI Code Review Startup Greptile
Greptile, an AI code review startup, is raising $30 million in a Series A round led by Benchmark. The deal values Greptile at $180 million. Founded by Dasksh Gupta, Greptile uses AI to find bugs in code. Competitors include Graphite and Coderabbit.
SoundHound AI Stock Could Rebound in Second Half
SoundHound AI, a voice-powered AI assistant developer, saw its stock rise by 800% last year. However, the stock has dropped in 2025. SoundHound AI partners with automakers like Stellantis and Hyundai. Autonomous vehicles could help SoundHound AI grow, but the stock is still speculative.
AI Startups Like Perplexity and Anthropic See Big Funding
AI startups are raising a lot of money. Perplexity, an AI search startup, is now valued at $1 billion. Thinking Machines, founded by ex-OpenAI CTO Mira Murati, raised $2 billion. Anthropic may be valued at $100 billion soon. Google, Meta, and Blackstone plan to spend billions on AI data centers.
Broadcom Stock Outperforms Market Driven by AI Demand
Broadcom's stock has grown over 2,000% in the last 10 years, beating the S&P 500. The company benefits from strong demand from tech companies needing AI infrastructure. Broadcom's top five customers account for about 40% of its revenue. While the stock is not cheap, strong results could lead to continued outperformance.
Sources
- Got $3,000? 2 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term
- Got $3,000? 2 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term
- Got $3,000? 2 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term
- Analysts Raise AMD Target on Renewed China AI Chip Opportunities
- Analysts Raise AMD Target on Renewed China AI Chip Opportunities
- ServiceNow Ranks 87th in Trading Volume with $10.96 Billion, Analysts Bullish on AI Growth
- BigBear.ai Holdings Trading Volume Plummets 38.35% to 97th Position
- Exclusive: Benchmark backs AI-code review startup Greptile, valued at $180M, sources say
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