Goldman Sachs downgraded Advanced Micro Devices (AMD) to a Sell rating despite the company reporting record Q2 revenue of $11.54 billion, driven largely by its Data Center segment which accounts for 58% of sales. AMD projects strong Q3 revenue of $13 billion and continues to gain market share in server CPUs, supported by AI investments from Microsoft and Meta. However, some analysts remain cautious due to industry volatility and supply chain risks, while others like Bernstein maintain a Buy rating with a $650 price target, reflecting mixed market views on AMD's near-term outlook.
AMD introduced a new workstation-class system featuring the Gorgon Halo processor and 192 GB unified memory, capable of running AI models with up to 300 billion parameters on a desktop. This development targets sectors like defense, healthcare, banki...
Advanced Micro Devices (AMD) stock is forecasted by multiple AI models to consolidate and rise modestly by September 30, 2026, with price targets ranging from $457.15 to $506.40. Despite a 17% correction since late June, AMD has surged 113.71% year-t...
AMD reported impressive AI-driven earnings with Data Center revenue doubling and strong margin expansion, yet its stock price fell due to concerns over product mix and margin pressure. Despite a recent sideways stock movement, analysts remain bullish...
AMD and NVIDIA both reported strong AI-driven revenue growth, with AMD's Data Center revenue doubling and NVIDIA's more than doubling on a much larger base. NVIDIA focuses on a closed, full-stack AI platform approach, while AMD promotes an open, memo...
Advanced Micro Devices (AMD) reported record Q2 revenue of $11.54 billion, a 50% increase year-over-year, driven by strong demand in data centers. Management raised the total addressable market (TAM) for CPUs to $220 billion by 2030, expecting a 50% ...
