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AMD primed for a potential 40% lift as AI-driven demand accelerates

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Source: Yahoo Finance
AMD primed for a potential 40% lift as AI-driven demand accelerates
Photo: Yahoo Finance
TL;DR Summary

A Raymond James analyst upgrades AMD to Strong Buy with a $641 target, implying about 40% upside from current levels, citing AMD’s AI chips, Instinct MI450 GPUs and Helios data-center systems as catalysts amid strong data-center demand. AMD also posted a solid Q2 beat (non-GAAP EPS of $1.66, revenue $11.5 billion) and projects robust server CPU sales growth into 2027, with key deals including Microsoft Azure AI deployment and a large investment in Anthropic that could bolster AI deployments against Nvidia.

Topics:business#ai#amd#data-center#finance#nvidia#stocks
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  1. Why Nvidia rival AMD may see a 40% rip in its stock  Yahoo Finance
  2. AMD Chips Away at Nvidia’s Moat. The Chip Maker Could Dominate the CPU Market and Rise 40%.  Barron's
  3. Why AMD can beat rivals Intel and Nvidia in the market for data-center CPUs  MarketWatch
  4. AMD: The Easy Money Is Gone  Seeking Alpha
  5. AMD Stock Upgraded To Strong Buy. Here’s Why.  Investor's Business Daily

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