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G Sachs Upgrades Advanced Micro Devices, Inc. (AMD.US) to Buy, Lifts TP to USD450
G Sachs issued a report upgrading Advanced Micro Devices, Inc. (AMD.US) to Buy and significantly raising its TP from USD240 to USD450, mainly driven by the structural benefits of a...
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G Sachs Upgrades Advanced Micro Devices, Inc. (AMD.US) to Buy, Lifts TP to USD450
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G Sachs issued a report upgrading Advanced Micro Devices, Inc. (AMD.US)      to Buy and significantly raising its TP from USD240 to USD450, mainly driven by the structural benefits of agentic AI to its server CPU business and upside potential in data center GPUs in 2027 and beyond.

The broker expects the widespread adoption of enterprise AI agents to accelerate growth in the total addressable market for server CPUs, with AMDs x86 architecture enjoying a unique advantage due to its interoperability with existing enterprise infrastructure. In addition, the firm believes Metas 6GW deployment opportunity will bring significant upside to the data center GPU business.

Related NewsCore Inflation Rate MoM for Apr in United States is 0.4%, higher than the previous value of 0.2%. The forecast was 0.3%.
On expectations of improved server CPU revenue and gross margin, the broker raised its EPS forecasts for 2027 and 2028 by 14% to USD13.5 and USD18, respectively, around 20% above market consensus. (ha/j)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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