Negative
23Serious
Neutral
Optimistic
Positive
- Total News Sources
- 3
- Left
- 1
- Center
- 1
- Right
- 0
- Unrated
- 1
- Last Updated
- 5 days ago
- Bias Distribution
- 50% Center
Wall Street Upgrades AMD Stock on Rising AI Data Center Demand
Truist Securities has upgraded Advanced Micro Devices (AMD) from Hold to Buy, raising its price target to $213 from $173, reflecting a growing demand for AMD's technology among hyperscale data center customers deploying artificial intelligence applications. Industry feedback indicates a shift from AMD being a mere price alternative to Nvidia to forming genuine partnerships with large-scale AI customers. AMD reported robust Q2 fiscal 2025 results, with revenue hitting a record $7.69 billion and net income surging significantly year-over-year, while guiding for continued growth in key product lines such as MI355 accelerators and EPYC server chips. Analysts are optimistic about AMD's long-term growth, projecting earnings per share of $7.89 by 2027, supported by strength in AI GPUs and CPUs despite challenges like U.S.-China trade tensions and competition. The stock has responded positively with a nearly 2% rise following the upgrade, and the broader analyst community maintains an outperform rating with an average price target around $184. This marks AMD as a formidable competitor to Nvidia in the AI and data center markets, underpinning its increasing market presence and investor confidence.


- Total News Sources
- 3
- Left
- 1
- Center
- 1
- Right
- 0
- Unrated
- 1
- Last Updated
- 5 days ago
- Bias Distribution
- 50% Center
Negative
23Serious
Neutral
Optimistic
Positive
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