AMD AI day ‘largely uneventful,’ says Oppenheimer

Oppenheimer views AMD‘s artificial intelligence day as “largely uneventful,” saying management recapped “already well understood” product roadmaps. Discussions with investors reveal MI3XX family revenue expectations in 2025 around $10B, but Oppenheimer believes actual sales could come closer to $8B, the analyst tells investors in a research note. “Unfortunately investor expectations have remained persistently out of reach,” the firm contends. It remains sidelined on the shares “as AMD’s AI vision proves out.”