How AMD (AMD) Is Bringing AI Acceleration Into Existing Data Center Racks

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the best stocks to buy for next-gen data centers. On May 7, the company introduced its AMD Instinct MI350P PCIe GPUs to enable enterprises to deploy generative and agentic AI within existing data center infrastructure. AMD said the MI350P cards are dual-slot accelerators for standard air-cooled servers and are designed to run inference within current rack, power, and cooling environments rather than requiring a full infrastructure redesign.

The launch fits AMD’s broader push to compete in AI data center compute beyond traditional CPUs. Dell Technologies said its PowerEdge XE7745 and R7725 servers will support AMD Instinct MI350P PCIe GPUs starting in July 2026, expanding the Dell AI Platform with AMD for enterprises running AI workloads on premises. AMD’s latest results also showed momentum in the segment: on May 5, the company reported Q1 2026 Data Center revenue of $5.8 billion, up 57% year over year, driven by strong EPYC processor demand and the continued ramp of AMD Instinct GPU shipments.

How AMD (AMD) Is Bringing AI Acceleration Into Existing Data Center Racks

Advanced Micro Devices, Inc. (NASDAQ:AMD) develops CPUs, GPUs, adaptive computing products, AI accelerators, embedded processors, and related software for data centers, PCs, gaming, industrial, automotive, and communications markets.

While we acknowledge the risk and potential of AMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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