Citi analyst Atif Malik upgraded Advanced Micro Devices (AMD) stock from Neutral to Buy and raised the 12-month price target from $460 to $575 after a strong rally. The upgrade reflects AMD's growing role as a key GPU supplier for the AI boom and potential revenue gains from Meta Platforms. Despite a strong 2026 rally with shares up over 130%, analysts see further upside as AMD is still valued more like a CPU company. Overall, Wall Street sentiment is increasingly bullish on AMD's prospects through 2026 and beyond.
Intel shares surged 8% intraday, reaching near $127 and outperforming peers AMD and NVIDIA. Year-to-date, Intel's stock has soared 237%, driven by strong revenue growth in data center and AI segments, despite no single news catalyst today. Analysts r...
NVIDIA reported a massive $81.6 billion quarter driven by its Blackwell AI platform, with data center revenue up 92% year-over-year, highlighting its dominance in AI infrastructure. AMD posted $10.25 billion, showing strong growth with a 57% increase...
AMD shares rose 5% following Citi's upgrade from Neutral to Buy and a price target increase to $575, highlighting underestimated GPU growth amid AI demand. AMD reported strong Q1 2026 results with 38% revenue growth and robust data center sales, driv...
AMD, known for its CPUs, is gaining recognition as a key player in graphics processing units (GPUs). Citi analyst Atif Malik highlights that AMD is emerging as a strong second source for GPUs and is expected to secure a large portion of GPU business ...
US stock futures are volatile due to hopes of an Iran peace deal lifting oil sanctions and SpaceX's historic $75 billion IPO debut on Nasdaq. The Iran deal optimism is lowering oil prices, boosting travel stocks while pressuring energy shares. SpaceX...
