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AMD stock upgraded to Buy with higher price target, highlighting GPU growth beyond CPUs.

Analyst Insights
12 Jun 2026
Barrons
View Source
Bullish
pluang ai news

Citi analyst Atif Malik upgraded AMD stock from Neutral to Buy, raising the price target from $460 to $575. The upgrade reflects optimism not only about AMD's central-processing units but also its growing potential in graphics-processing units. This broader focus suggests AMD's value extends beyond just CPUs, which could drive further stock gains.

More News (AMD)

Asian semiconductor stocks fall sharply as US chip sell-off spreads, SK Hynix drops over 9%.

Asian semiconductor stocks fall sharply as US chip sell-off spreads, SK Hynix drops over 9%.

Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...

Market News
Bearish
7 hours ago
FTSE 100 dips as miners fall on weak China GDP; PayPal surges on takeover bid news.

FTSE 100 dips as miners fall on weak China GDP; PayPal surges on takeover bid news.

The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...

Market News
Bearish
17 hours ago
TappAlpha launches TMGN ETF for tax-efficient income from top 10 tech giants in Cboe Magnificent 10 Index.

TappAlpha launches TMGN ETF for tax-efficient income from top 10 tech giants in Cboe Magnificent 10 Index.

TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...

Others
Bullish
20 hours ago
AMD and CrowdStrike stocks soar on AI market growth; Netflix dips after cautious guidance.

AMD and CrowdStrike stocks soar on AI market growth; Netflix dips after cautious guidance.

In Q2 2026, AMD's stock surged 182.4%, driven by growth in AI workloads linked to large language models. CrowdStrike also saw strong gains of 95.6% due to a positive shift in the AI investment narrative. Conversely, Netflix's stock declined after bea...

Company Fundamentals
Neutral
23 hours ago
XOVR ETF offers direct SpaceX exposure; ARKK ETF holds none, focusing on public disruptive tech stocks.

XOVR ETF offers direct SpaceX exposure; ARKK ETF holds none, focusing on public disruptive tech stocks.

The ERShares Private-Public Crossover ETF (XOVR) holds nearly 23% of its portfolio in SpaceX, providing direct pre-IPO exposure to investors. In contrast, the ARK Innovation ETF (ARKK) does not hold SpaceX shares but invests in public disruptive tech...

Market News
Neutral
1 day ago
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