In early December 2025, Vultr revealed it is building an AI supercluster in Springfield, Ohio using 24,000 AMD Instinct MI355X GPUs, while AMD separately announced an expanded collaboration with HPE around its “Helios” rack-scale AI platform powered by next-generation EPYC CPUs and Instinct GPUs.
Together, these moves highlight how AMD’s AI roadmap is starting to anchor full-stack, rack-scale deployments at cloud providers and supercomputing centers, rather than only supplying standalone accelerators.
We’ll now examine how the Helios rack-scale push and Vultr’s MI355X supercluster deployment could reshape AMD’s broader investment narrative.
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To own AMD, you need to believe its data center and AI roadmap can translate headline wins into sustainable, profitable growth, despite intense competition and a rich valuation. Vultr’s 24,000‑GPU MI355X buildout and HPE’s Helios adoption reinforce the near term AI accelerator and rack scale cluster ramp as the key catalyst, while also underscoring the main risk: expectations for hyperscaler and sovereign AI demand could still be ahead of what actually gets deployed on time.
Among recent developments, the OpenAI agreement to supply up to 6 GW of GPUs across multiple product cycles looks most relevant when you consider Vultr and Helios together. OpenAI, Vultr and HPE all point in the same direction: AMD is trying to compete not just at the chip level but at full rack and cluster scale, which amplifies both the upside of big wins and the downside if deployments slip or customers shift to in house silicon.
Yet behind AMD’s AI wins, investors still need to weigh the risk that hyperscaler deployments or Helios scale outs arrive later or smaller than markets expect…
Read the full narrative on Advanced Micro Devices (it’s free!)
Advanced Micro Devices’ narrative projects $46.2 billion revenue and $9.0 billion earnings by 2028. This requires 18.5% yearly revenue growth and about a $6.8 billion earnings increase from $2.2 billion today.
Uncover how Advanced Micro Devices’ forecasts yield a $283.57 fair value, a 28% upside to its current price.
AMD 1-Year Stock Price Chart
Some of the most cautious analysts were assuming only about 14.8% annual revenue growth and US$7.2 billion of earnings by 2028, reminding you that views on export risks and AI build outs can differ sharply.
Explore 121 other fair value estimates on Advanced Micro Devices – why the stock might be worth 38% less than the current price!
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A great starting point for your Advanced Micro Devices research is our analysis highlighting 4 key rewards that could impact your investment decision.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include AMD.
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