Aletheia Capital analyst renews his rating to (Buy) for the stock $AMD with a target price of $330 due to increasing demand for CPUs



"Independent AI Agentic AI is on the horizon, and the CPU is considered the most suitable chip for computing this technology. Given $AMD 's leadership in server processors, its competitive position in the AI computing market has greatly improved, evolving from just a secondary and reliable option for GPU processors to a comprehensive provider of AI solutions.

Our positive outlook for $AMD was primarily due to its increased market share in the GPU sector from low levels, but we now see that the company has two powerful growth engines for the coming years. We expect its revenue from server processors to grow at a CAGR of 45% between 2025 and 2028. In addition to its MI series graphics processors, we anticipate the company's data center revenues will multiply 4.5 times, rising from an estimated $17 billion in 2025 to $58 billion / $77 billion in 2027 and 2028."

$AMD

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AMD-2.88%
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