Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Anushka Mukherji

This Analyst Just Doubled His Price Target on AMD Stock

Advanced Micro Devices (AMD) has been a quiet powerhouse in the semiconductor world, with its chips driving everything from PCs and gaming consoles to data center servers and aerospace tech. But while the artificial intelligence (AI) boom lifted many boats, AMD stock has lagged over the past year, weighed down by its struggle to grab a meaningful slice of the surging AI chip market — an arena where rival chip giant Nvidia (NVDA) has stolen the spotlight. 

That narrative, however, is starting to shift. AMD is pushing back in 2025 with fresh momentum. A strong first-quarter earnings report in May, strategic acquisitions, and the debut of its new Instinct MI350 Series GPUs last month are breathing new life into shares. Investor sentiment is beginning to shift in AMD’s favor, and so is the tone on Wall Street. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.