AMD announced its 'Helios' rack-scale platform, which is based on the new Open Rack Wide (ORW) specification introduced by Meta. This move extends AMD's open hardware strategy from silicon to the entire rack, marking a significant step in developing open and interoperable artificial intelligence infrastructure. The 'Helios' platform is designed to meet the power and cooling requirements of next-generation AI systems in large-scale data centers. It integrates AMD's Instinct GPUs and EPYC CPUs with open fabric technologies to create a flexible and high-performance solution for the growing demands of AI workloads. On the same day, HSBC reaffirmed its 'buy' rating for AMD and increased its price target from $185 to $310.