South Korean AI Startup Upstage in Talks to Acquire AMD Accelerators
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 23 2026
0mins
Source: stocktwits
- Acquisition Talks: South Korean AI startup Upstage is in advanced discussions to acquire 10,000 MI355 AI accelerators from AMD, aiming to diversify its chip sources and reduce reliance on Nvidia, highlighting its ambitions in the AI sector.
- Market Sentiment Weak: AMD shares have been under pressure since last month due to a soft earnings forecast, declining 2% in early premarket trading on Monday, reflecting investor concerns over supply chain disruptions and potential business losses from the U.S.-Iran conflict.
- Positive Supply Agreement: The supply agreement between AMD and Samsung for high-bandwidth memory components is seen as a positive development, as it aims to alleviate memory chip shortages amidst rising prices, enhancing AMD's competitiveness in the data center market despite increased market volatility.
- Retail Traders' Outlook Gloomy: Sentiment for AMD on Stocktwits remains bearish, with shares trading near a six-month low, although some traders anticipate a potential 25% rebound as market pressures related to the conflict ease.
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Analyst Views on AMD
Wall Street analysts forecast AMD stock price to fall
33 Analyst Rating
25 Buy
8 Hold
0 Sell
Strong Buy
Current: 490.330
Low
210.00
Averages
289.13
High
377.00
Current: 490.330
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.
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- Revenue Growth: AMD is projected to generate nearly $35 billion in total revenue by 2025, reflecting its leadership in the data center CPU market, especially as it continues to gain market share from Intel, suggesting explosive growth in the coming years.
- Technological Advantages: AMD's chip design excels in inference, providing higher memory capacity, and the GPU to CPU ratio is expected to drop from 8:1 to 1:1, presenting a substantial opportunity for AMD in the agentic AI market and further solidifying its market position.
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- Concentration Risk Warning: Despite offering diversification, as of the end of March, Nvidia, Apple, and Microsoft together accounted for nearly 45% of the fund, indicating that investors still face significant risks during downturns in major tech stocks.
See More
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- Vanguard Fund Advantage: The Vanguard Information Technology ETF holds over 300 technology companies and charges a low expense ratio of just 0.09%, providing long-term investors with a significant cost advantage while diversifying investment risks across the tech sector.
- Concentration Risk: Despite offering diversification, as of the end of March, Nvidia, Apple, and Microsoft together accounted for nearly 45% of the fund, indicating that the fund's performance could be heavily influenced by these large companies during market fluctuations.
- Long-Term Investment Outlook: Over the past decade, the fund has delivered an annualized return exceeding 24%, and while future returns may not match past performance, for investors who believe technology will drive economic growth, the combination of low costs and broad holdings remains a sensible investment choice.
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