On May 8, DBS analyst Amanda Tan maintained a Hold rating on the stock, highlighting growth prospects and certain risks for the company. The analyst noted that Advanced Micro Devices, Inc. (NASDAQ:AMD) demonstrated strong growth in the data center segment, driven by rising demand for AI technologies, including the new AI accelerators. An instance of increasing demand for the company's products can be witnessed in this March 31 press release. Advanced Micro Devices, Inc. (NASDAQ:AMD) announced that Oracle Cloud Infrastructure launched new Compute E6 Standard shapes powered by AMD's 5th Gen EPYC processors. Management noted that the 5th Gen AMD EPYC processors offer enhancements such as higher thread density, improved memory bandwidth, and more PCIe Gen5 lanes for input and output.