Analysts are optimistic ahead of Advanced Micro Devices (AMD) earnings, based on positive sentiment around AI, data center growth and the potential of the company to join the trillion-dollar club by 2030. Morgan Stanley and UBS have raised their price target on AMD stock, while ARK Investment Management added substantial AMD shares to their portfolio. Encouraging market signals, AMD's dominance in AI, and a robust partnership with HUMAIN for a global AI infrastructure contribute to bullish re-ratings. AMD shares have been rallied, ending a six-session win streak yet managing healthy gains. With the release of a new AI chip and increased prices for the MI350 Accelerator, AMD is surging in the marketplace despite divided views among Wall Street analysts. Positive projections push AMD's stock continually upwards, showing strength in CPU and GPU sales. There's bullish optimism about AMD's ability to hit $210 in 2025 as it sets a new 52-week high record price and partners with USC ISI and HCLTech in key AI developments. However, this bullish picture comes with cautionary advice from analysts to potentially trim AMD stock holdings ahead of Q2 earnings.
Advanced Micro Devices AMD News Analytics from Wed, 14 May 2025 07:00:00 GMT to Sat, 02 Aug 2025 22:37:29 GMT - Rating 8 - Innovation 3 - Information 6 - Rumor -2
