Flex Partners with AMD to Enhance U.S. Manufacturing Capabilities
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 02 2026
0mins
Should l Buy AMD?
Source: Benzinga
- Collaborative Manufacturing Opportunity: Flex has initiated U.S.-based production of AMD's Instinct MI355X GPU platforms at its Austin, Texas facility, with a volume ramp expected next quarter to meet the growing demand for AI in data centers.
- Technical Validation and Testing: The partnership involves assembling eight AMD Instinct GPUs and essential components into a high-density system design, which will undergo rigorous testing and validation, thereby reinforcing Flex's manufacturing position in advanced AI infrastructure.
- Market Performance Analysis: Flex shares are currently priced at $64.02, trading 4.5% below the 20-day simple moving average, indicating a bearish trend in the short term, yet the stock has increased approximately 25% over the past 12 months, suggesting long-term growth potential.
- Future Earnings Outlook: Flex is set to report earnings on May 6, 2026, with an estimated EPS of $0.83 and projected revenue of $6.93 billion, reflecting strong growth expectations in the AI sector.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy AMD?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on AMD
Wall Street analysts forecast AMD stock price to rise
33 Analyst Rating
25 Buy
8 Hold
0 Sell
Strong Buy
Current: 278.390
Low
210.00
Averages
289.13
High
377.00
Current: 278.390
Low
210.00
Averages
289.13
High
377.00
About AMD
Advanced Micro Devices, Inc. is a global semiconductor company. The Company is focused on high-performance computing and artificial intelligence (AI). Its segments include Data Center, Client and Gaming, and Embedded. Data Center segment includes AI accelerators, microprocessors (CPUs) for servers, graphics processing units (GPUs), accelerated processing units (APUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), and Adaptive system-on-Chip (SoC) products for data centers. Client and Gaming segment includes CPUs, APUs, chipsets for desktops and notebooks, discrete GPUs, and semi-custom SoC products and development services. Embedded segment includes embedded CPUs, APUs, FPGAs, system on modules (SOMs), and Adaptive SoC products. It markets and sells its products under the AMD trademark. Its products include AMD EPYC, AMD Ryzen, AMD Ryzen PRO, Virtex UltraScale+, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cerebras Systems Plans Initial Public Offering in AI Chip Market
- IPO Announcement: Cerebras Systems filed a registration statement with the SEC on April 17, 2023, indicating its intent to hold an initial public offering (IPO), although the number of shares and price range remain undetermined, marking a significant step in the rapidly growing AI chip market.
- Competitive Potential: Founded in 2015, Cerebras aims to revolutionize AI computing with wafer-scale technology, positioning itself as a formidable competitor to Nvidia, with its unique CS-2 and CS-3 systems expected to capture substantial market share.
- Expanding Customer Base: Recently, Cerebras secured partnerships with high-profile clients such as OpenAI, Amazon, and Meta, particularly a major multi-year agreement with OpenAI for 750 megawatts of deployment, which is set to become the largest high-speed AI inference deployment globally, further solidifying its market position.
- Strong Financial Performance: According to its SEC filing, Cerebras reported a 76% year-over-year revenue increase to $510 million in 2025, despite an operational loss of $145.9 million, reflecting a significant investment in R&D, which accounted for 48% of annual sales, indicating a strong commitment to technological advancement.
See More
Cerebras Plans IPO on Nasdaq Amid AI Chip Competition
- IPO Announcement: Cerebras filed a registration statement with the SEC on April 17 for its initial public offering (IPO), although the specific date and price range remain undetermined, marking a significant step in its entry into the rapidly growing AI chip market.
- Competitive Potential: Cerebras is viewed as a formidable competitor in the AI chip space, particularly against current market leader Nvidia, as the surging demand in the sector positions Cerebras' innovative technology to attract increased investor interest.
- Expanding Client Base: Recently, Cerebras secured high-profile clients including OpenAI, Amazon, and Meta, with a major 750-megawatt deployment agreement with OpenAI set for 2026, which will establish it as the largest high-speed AI inference deployment globally, further solidifying its market position.
- Strong Financial Performance: According to SEC filings, Cerebras' revenue surged 76% year-over-year to $510 million in 2025, and while it reported an operational loss of $145.9 million, its R&D expenditure accounted for 48% of annual sales, indicating a strong commitment to technological innovation and potential long-term growth prospects.
See More
Investors Should Beware of Chasing Hot Stocks
- Market Warning: CNBC's Jim Cramer cautions that investors chasing 'parabolic' moves often face significant losses, advocating instead for overlooked stocks as better investment opportunities.
- Healthcare Stock Investment: Despite the healthcare sector being the worst performer in the S&P 500, Cramer purchased shares of Johnson & Johnson through his Charitable Trust, emphasizing that buying quality companies during price declines is a rare opportunity.
- Fundamental Analysis: Cramer believes that recent weakness in J&J's stock is largely driven by 'noise' related to talc lawsuits, overshadowing significant developments like new drug approvals and strategic business changes, highlighting short-sighted market sentiment.
- Portfolio Strategy: Cramer stresses the importance of maintaining a balance between hot and cold stocks in an investment portfolio to mitigate the risk of market leaders quickly losing favor, advising against an over-concentration in technology stocks to avoid losses.
See More
Stock Markets Decline Amid Soaring Oil Prices and Geopolitical Tensions
- Oil Price Surge Impacts Markets: The S&P 500 index fell 0.24%, the Dow Jones Industrial Average dropped 0.01%, and the Nasdaq 100 index declined 0.31% on Monday as WTI crude prices surged over 6%, indicating market sensitivity to rising energy costs amid geopolitical tensions.
- Geopolitical Risks Escalate: The closure of the Strait of Hormuz by Iran has raised market concerns, especially following U.S. Navy actions against Iranian tankers, which could exacerbate global oil and fuel shortages, further unsettling investor sentiment.
- Earnings Season Continues: So far, 81% of the 48 S&P 500 companies that reported earnings exceeded expectations, with Q1 earnings projected to rise 12% year-over-year; however, excluding the tech sector, growth is only expected at 3%, highlighting signs of economic weakness.
- Airline Stocks Under Pressure: Airline stocks retreated as rising oil prices weighed on profits, with American Airlines and Alaska Air both down over 4%, reflecting the direct impact of fuel costs on company earnings and potential downward revisions in future profit expectations.
See More
Market's Muted Response to Middle East Tensions
- Market Stability: Despite Iran's closure of the Strait of Hormuz causing a more than 5% spike in West Texas Intermediate crude oil prices, the Dow Jones Industrial Average only fell by 4.87 points, indicating a reduced investor focus on geopolitical tensions.
- Bond Market Influence: Cramer noted that the stock market is more responsive to the bond market, as interest rates remained unchanged despite rising oil prices, suggesting a diminished expectation for inflation surges and anticipation of rate cuts.
- Corporate Earnings Support: Strong results from companies like Cleveland-Cliffs indicate a healthy manufacturing backdrop, with the CEO reporting a full order book and increasing steel bookings from automotive OEMs, highlighting steady demand amid broader uncertainties.
- AI Revolution Driving Market: Cramer emphasized that the ongoing AI revolution is a key market driver, unaffected by geopolitical issues, involving a broad ecosystem of companies from Nvidia to Microsoft, suggesting robust market momentum.
See More
Market Unfazed by Iran Tensions, Cramer Explains
- Market Resilience: Despite Iran's closure of the Strait of Hormuz and a more than 5% spike in West Texas Intermediate crude prices, the Dow Jones Industrial Average only fell by 4.87 points, indicating a market largely indifferent to geopolitical tensions and focused on larger economic forces.
- Bond Market Influence: Cramer emphasized that the bond market is the true driver of stocks, noting that interest rates remained unchanged even as oil prices rose, suggesting that investors are not bracing for inflation surges and are anticipating rate cuts in the near future.
- Diminished Economic Impact: Cramer pointed out that the economic impact of rising oil prices may be less significant than in the past, as improved fuel efficiency and reliance on cheaper domestic natural gas could lead to lower utility bills, alleviating pressure on the broader market.
- AI Revolution Driving Growth: Cramer highlighted that the market continues to be propelled by the AI revolution, with companies like Nvidia and Microsoft benefiting from this trend, indicating that technological advancements are driving economic growth even amidst geopolitical uncertainties.
See More
Cerebras Systems Plans Initial Public Offering in AI Chip Market
- IPO Announcement: Cerebras Systems filed a registration statement with the SEC on April 17, 2023, indicating its intent to hold an initial public offering (IPO), although the number of shares and price range remain undetermined, marking a significant step in the rapidly growing AI chip market.
- Competitive Potential: Founded in 2015, Cerebras aims to revolutionize AI computing with wafer-scale technology, positioning itself as a formidable competitor to Nvidia, with its unique CS-2 and CS-3 systems expected to capture substantial market share.
- Expanding Customer Base: Recently, Cerebras secured partnerships with high-profile clients such as OpenAI, Amazon, and Meta, particularly a major multi-year agreement with OpenAI for 750 megawatts of deployment, which is set to become the largest high-speed AI inference deployment globally, further solidifying its market position.
- Strong Financial Performance: According to its SEC filing, Cerebras reported a 76% year-over-year revenue increase to $510 million in 2025, despite an operational loss of $145.9 million, reflecting a significant investment in R&D, which accounted for 48% of annual sales, indicating a strong commitment to technological advancement.
See More
Cerebras Plans IPO on Nasdaq Amid AI Chip Competition
- IPO Announcement: Cerebras filed a registration statement with the SEC on April 17 for its initial public offering (IPO), although the specific date and price range remain undetermined, marking a significant step in its entry into the rapidly growing AI chip market.
- Competitive Potential: Cerebras is viewed as a formidable competitor in the AI chip space, particularly against current market leader Nvidia, as the surging demand in the sector positions Cerebras' innovative technology to attract increased investor interest.
- Expanding Client Base: Recently, Cerebras secured high-profile clients including OpenAI, Amazon, and Meta, with a major 750-megawatt deployment agreement with OpenAI set for 2026, which will establish it as the largest high-speed AI inference deployment globally, further solidifying its market position.
- Strong Financial Performance: According to SEC filings, Cerebras' revenue surged 76% year-over-year to $510 million in 2025, and while it reported an operational loss of $145.9 million, its R&D expenditure accounted for 48% of annual sales, indicating a strong commitment to technological innovation and potential long-term growth prospects.
See More
Investors Should Beware of Chasing Hot Stocks
- Market Warning: CNBC's Jim Cramer cautions that investors chasing 'parabolic' moves often face significant losses, advocating instead for overlooked stocks as better investment opportunities.
- Healthcare Stock Investment: Despite the healthcare sector being the worst performer in the S&P 500, Cramer purchased shares of Johnson & Johnson through his Charitable Trust, emphasizing that buying quality companies during price declines is a rare opportunity.
- Fundamental Analysis: Cramer believes that recent weakness in J&J's stock is largely driven by 'noise' related to talc lawsuits, overshadowing significant developments like new drug approvals and strategic business changes, highlighting short-sighted market sentiment.
- Portfolio Strategy: Cramer stresses the importance of maintaining a balance between hot and cold stocks in an investment portfolio to mitigate the risk of market leaders quickly losing favor, advising against an over-concentration in technology stocks to avoid losses.
See More
Stock Markets Decline Amid Soaring Oil Prices and Geopolitical Tensions
- Oil Price Surge Impacts Markets: The S&P 500 index fell 0.24%, the Dow Jones Industrial Average dropped 0.01%, and the Nasdaq 100 index declined 0.31% on Monday as WTI crude prices surged over 6%, indicating market sensitivity to rising energy costs amid geopolitical tensions.
- Geopolitical Risks Escalate: The closure of the Strait of Hormuz by Iran has raised market concerns, especially following U.S. Navy actions against Iranian tankers, which could exacerbate global oil and fuel shortages, further unsettling investor sentiment.
- Earnings Season Continues: So far, 81% of the 48 S&P 500 companies that reported earnings exceeded expectations, with Q1 earnings projected to rise 12% year-over-year; however, excluding the tech sector, growth is only expected at 3%, highlighting signs of economic weakness.
- Airline Stocks Under Pressure: Airline stocks retreated as rising oil prices weighed on profits, with American Airlines and Alaska Air both down over 4%, reflecting the direct impact of fuel costs on company earnings and potential downward revisions in future profit expectations.
See More
Market's Muted Response to Middle East Tensions
- Market Stability: Despite Iran's closure of the Strait of Hormuz causing a more than 5% spike in West Texas Intermediate crude oil prices, the Dow Jones Industrial Average only fell by 4.87 points, indicating a reduced investor focus on geopolitical tensions.
- Bond Market Influence: Cramer noted that the stock market is more responsive to the bond market, as interest rates remained unchanged despite rising oil prices, suggesting a diminished expectation for inflation surges and anticipation of rate cuts.
- Corporate Earnings Support: Strong results from companies like Cleveland-Cliffs indicate a healthy manufacturing backdrop, with the CEO reporting a full order book and increasing steel bookings from automotive OEMs, highlighting steady demand amid broader uncertainties.
- AI Revolution Driving Market: Cramer emphasized that the ongoing AI revolution is a key market driver, unaffected by geopolitical issues, involving a broad ecosystem of companies from Nvidia to Microsoft, suggesting robust market momentum.
See More
Market Unfazed by Iran Tensions, Cramer Explains
- Market Resilience: Despite Iran's closure of the Strait of Hormuz and a more than 5% spike in West Texas Intermediate crude prices, the Dow Jones Industrial Average only fell by 4.87 points, indicating a market largely indifferent to geopolitical tensions and focused on larger economic forces.
- Bond Market Influence: Cramer emphasized that the bond market is the true driver of stocks, noting that interest rates remained unchanged even as oil prices rose, suggesting that investors are not bracing for inflation surges and are anticipating rate cuts in the near future.
- Diminished Economic Impact: Cramer pointed out that the economic impact of rising oil prices may be less significant than in the past, as improved fuel efficiency and reliance on cheaper domestic natural gas could lead to lower utility bills, alleviating pressure on the broader market.
- AI Revolution Driving Growth: Cramer highlighted that the market continues to be propelled by the AI revolution, with companies like Nvidia and Microsoft benefiting from this trend, indicating that technological advancements are driving economic growth even amidst geopolitical uncertainties.
See More
