​Advanced Micro Devices (AMD) Presents The New "Helios" Rack-Scale Platform

​Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Best Revenue Growth Stocks to Invest In. On October 14, Advanced Micro Devices, Inc. (NASDAQ:AMD) showcased the new “Helios” rack-scale platform at the Open Compute Project Summit.

​Management noted that the platform is based on Meta’s Open Rack Wide specification, which makes it a significant step towards open and interoperable AI infrastructure. Moreover, the platform provides the foundation to deliver scalable infrastructure that will power the growing demand for AI. The system also supports quick liquid cooling and a double-wide layout for better service and is compatible with open fabrics like Ethernet, and supports both scaling-up and scaling-out approaches.

​After the release on October 15, Matt Bryson from Wedbush raised the firm’s price target on Advanced Micro Devices, Inc. (NASDAQ:AMD) from $190 to $270, while reiterating a Buy rating on the stock.

​​Advanced Micro Devices, Inc. (NASDAQ:AMD) is an international semiconductor company that specializes in high-performance computing, graphics, and visualization technologies.

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Disclosure: None. This article is originally published at Insider Monkey.