BUZZ-AMD gains; Wells Fargo raises PT on expected server CPU upside

Advanced Micro Devices, Inc.
Roblox

Advanced Micro Devices, Inc.

AMD

0.00

Roblox

RBLX

0.00

** Shares of semiconductor company Advanced Micro Devices AMD.O rise 2% to $550.50

** Wells Fargo raises PT to $615 from $505; new PT implies about 14% upside to stock's last close

** Brokerage expects continued strength in AMD's EPYC server CPU demand and pricing; projects CPU demand to strengthen from Q1 2026

** Sees "further upside via Agentic AI demand momentum" which includes cloud and traditional enterprise modernization

** "AMD well-positioned for mix shift to high core-count server CPUs; expect increasing confidence in flat-to-up $/core as a key input," Wells Fargo says

** 45 of 53 brokerages rate stock "buy" or higher and 8 "hold"; their median PT is $487.50 - data compiled by LSEG

** Including session's gains, stock has more than doubled YTD


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.