AMD's results spotlight risks of putting all your AI eggs in too few baskets
AI + ML
The House of Zen's new Helios racks, Venice Epycs, may dent Nvidia's dominance — if the bubble doesn't pop first
AMD has posted strong second quarter results and forecast even better future financials once its Helios rack systems and Instinct MI400-series GPUs reach buyers.
“In data center AI, the growing number and scale of Helios and MI450-series deployments position the [datacenter] business for significant growth in the second half of the year, with growth accelerating in 2027,” CEO Lisa Su told investors on Tuesday during the chip design company's Q2 earnings call. “We now expect data center segment revenue to more than double year over year in 2027,” she added.
Yet, despite reporting Q2 profits surging 163 percent year-over-year on revenues of $11.5 billion, and several multi-gigawatts worth of Helios commitments from the likes of OpenAI, Anthropic, and Meta in the bag, Wall Street isn’t buying it.
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