Citi raised AMD's price target to $800 and reiterated a buy rating based on AI-driven CPU demand; Lisa Su secured supply increases through 2027.
Jump to any passage
AMD is one of those companies that is on our radar, like Nvidia. Yes, we see Citi raising its target price for AMD stock to $800, up from $575. They reiterate their buy rating on stocks.
They have raised their estimate for the marketable central processing units (CPUs) by 2030 to $300 billion . This comes after the launch of several such personal AI agents like " Muse".
They believe that agents who work continuously may pay a significant amount of inference, which will benefit from some of the central processing units that AMD provides.
Once again , AMD is really known for the field of central processing units (CPUs) , and not so much for the field of graphics processing units (GPUs) as a whole. We now see Lisa Su actually traveling to Taipei and meeting with some suppliers not only to secure supplies until 2026, but to significantly increase them until 2027 to meet the demand for artificial intelligence.
It appears she also met with Foxconn and TSMC to ensure increased supplies over time. Therefore, AMD has seen a very strong move in breaking through the consolidation phase , and we will see if this momentum will continue.
But analysts have begun to keep up with the current price movement .
What this channel has said about $AMD
Schwab Network has 12 calls on this stock; only the adjacent ones are shown.