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Benzinga
Benzinga
Business
Rishabh Mishra

AMD Stock Could Surge 48% as Daniel Newman Calls It a 'Top Conviction'—Patrick Moorhead Sees $200 Billion Server CPU Market

AMD Patrick Moorhead Daniel Newman Cody Acree Advanced Micro Devices, Inc Nasdaq Anthropic Benchmark Intel Corporation San Francisco
Shanghai,china-nov.22nd,2025:,Amd,Company,Brand,Logo,Close,Up

Following Advanced Micro Devices Inc.’s (NASDAQ:AMD) Advancing AI 2026 event in San Francisco, top technology analysts are issuing aggressive price targets and bullish forecasts for the chipmaker.

Futurum Equities reiterated its Buy rating and raised its price target to $800—representing nearly 48% upside—declaring “AMD is one of our top convictions.” At the same time, Moor Insights & Strategy chief analyst Patrick Moorhead highlighted projections indicating the server CPU market will surge past $200 billion by 2030.

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