US Representative Josh Gottheimer disclosed purchases of stocks in four major AI chip companies: Advanced Micro Devices, Micron Technology, Analog Devices, and Fabrinet. These buys, made between May 1 and May 21, 2026, reflect his position on the House Financial Services subcommittee overseeing AI. Each purchase ranged from $1,001 to $15,000. The companies are critical suppliers in the AI industry, with Micron and AMD providing processors and memory, Analog Devices supplying power chips, and Fabrinet manufacturing optical components. Since the purchases, these stocks have seen significant gains, with Micron up over 59% and AMD up over 48%, indicating strong market confidence in AI growth.
Advanced Micro Devices (AMD) experienced a 28% stock correction, creating a buying opportunity with a fair value estimate of $705–765, implying 74–89% potential upside. The company reported a 97% surge in Q3 Data Center revenue to $8.5 billion, drive...
Advanced Micro Devices (AMD) maintains a Sell rating due to concerns over its free cash flow, which lags behind earnings and has fallen to 4% of revenue amid rising inventories and working capital needs. Additionally, potential dilution from AI partn...
Advanced Micro Devices (AMD) is rated Buy with a price target of $620, implying a 39% upside from current levels. The growth is driven by AI workloads, which are expanding AMD's server CPU market to $220 billion by 2030, favoring high-core-count x86 ...
Oppenheimer upgraded Advanced Micro Devices (AMD) from "Perform" to "Outperform" and raised its stock price target to $600, citing strong data center performance and rising demand for AMD's AI chips. The firm highlighted key drivers such as server CP...
Advanced Micro Devices (AMD) is experiencing strong growth driven by record shipments of its EPYC processors and expanding data center wins with both existing and new customers. The company is also benefiting from close collaborations with AI foundry...
