Ultramicro (AMD) has released a high-level AI chip price, indicating that the company is confident that it will compete with the market's NVIDIA (Nvidia Corp.), and its stock price should jump higher.

Seeking Alpha and Investor’s Business Daily quoted Korean media Newsis as a report on the 28th. A research report by Communications (HSBC) pointed out that AMD has raised the price of the "Instinct MI350" AI accelerator from $15,000 to $25,000 because the product is effective enough to compete with NVIDIA's Blackwell B200. According to Wccftech, $25,000 is still cheaper than NVIDIA-grade products.

Transfer reports that this surge in price action suggests that AMD has seen demand for its AI products, and such a large price increase may allow quarterly revenue to grow significantly.

Reported forecasts, AMD's AI chip sales volume is expected to be far higher than the previous estimate of US$9.6 billion and US$15.1 billion in US$1.5 billion.

A team of analysts led by Aaron Rakers from the Fukuo Bank pointed out that AMD is scheduled to announce its second quarter financial report on August 5, and the most important thing to pay attention to is the company's MI355X data center GPU production speed. The MI355X has been shipped in June. He said most investors believe that the MI355X should be sold at close to $30,000.

According to reports from Barron’s, Timothy Arcuri, a analyst at Ruizhan (UBS) also revised the AMD target price from $150 to $210 on the 28th, and reiterated its investment evaluation as "buy in".

Arcuri believes that AMD's "MI355X" may be sold at a price of $25,000, higher than originally expected. He estimated that the annualized GPU revenue of AMD data centers will reach US$10 billion by the end of this year.

AMD ended on the 28th with a 4.32% slump and closed at US$173.66, reaching a new closing high since July 16, 2024, ranking among the 30 constituent stocks in the Philadelphia Semiconductor Index. AMD's share price has risen by 43.77% since the beginning of the year. NVIDIA also rose 1.87% on the 28th and closed at $176.75, setting a record high in history; the increase so far this year has reached 31.62%.