Schwab Network on $AMD (Nov 9, 2026)
Oppenheimer upgraded AMD to outperform from market-like performance with a $600 target on strong earnings, server/data-center success and favorable pricing; Freedom Broker kept buy, raised its target to $620 from $460 and called Q3 a turning point for CPU share and AI-infrastructure expansion. The speaker calls these positive observations and sees possible rotation into AMD.
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So we are seeing a decline in stocks this morning, but again we are seeing a kind of rotation where Nvidia shares are selling off by about 4.9%, while we see AMD shares rising by about 4.3 %, and Microsoft shares rising by about 2.2 %.
So the market is declining with regard to Nvidia, but it is redirecting those funds elsewhere .
Let 's talk a little about AMD. Besides making some gains in this context, there is also selling activity around this stock by Oppenheimer . Is the outlook positive? What are the latest developments ?
Yes, we see that Oppenheimer has upgraded the stock's rating to "outperform" instead of "market-like performance " with a price target of $600. They point to another strong earnings report, undeniable success in the server and data center sector , and expect AMD's favorable pricing to be a contributing factor for the company going forward.
We also see that Freedom Broker raised its target price to $620 from $460, while maintaining a "buy" rating on the stock. They reiterated that the third quarter would be a major turning point for them, particularly with regard to their share of central processing units (CPUs) in the business, which they are known for, as well as their ability to expand their overall AI infrastructure.
So there are some positive observations, and perhaps there will be some rotational trading again as a result of the fallout from what Nvidia experienced this morning.
What this channel has said about $AMD
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