AMD: Helium Shortage Is The Least Of Its Problems

Bashar Issa7.2K FollowersFollow5ShareSavePlay(13min)Comments(4)SummaryAdvanced Micro Devices, Inc., remains fundamentally less attractive than NVIDIA, with inferior AI accelerators and slower data center growth despite recent high-profile supply deals.Recent Meta and OpenAI agreements validate AMD's narrative but do not materially shift its market position or justify its valuation premium.NVDA's data center sales are over 10x AMD's and growing at more than double the rate, underscoring AMD's inability to catch up.I maintain a bearish stance on AMD, as its product efficiency and scale lag NVDA, and recent contracts are small relative to industry spend. JHVEPhoto/iStock Editorial via Getty Images Investment Thesis Advanced Micro Devices, Inc.'s (AMD) supply agreements with OpenAI and Meta (META) don't change the main thesis laid out in the past article: AMD is expensive and mostThis article was written byBashar Issa7.2K FollowersFollowBashar is a contributing writer at Seeking Alpha, focusing on Long/Short investment ideas, with a geographic focus in North America. Before that, Bashar worked at an Investment Fund in the United Kingdom. He has a Master's degree in Finance from the Queen Mary University of London and a Bachelor's degree in Economics from Middlesex University.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.