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AMD "emerging as a legit second source in the GPU market" says Citi

Fri, 12 Jun 2026 07:13:36 -0400

Investing.com -- Citi has upgraded Advanced Micro Devices to Buy from Neutral, raising its price target to $575 from $460, arguing that the company's emergence as a "legit second source in the GPU market" is not yet reflected in the stock price.

Analyst Atif Malik said most investors currently view AMD primarily as a CPU stock, with the share price pricing in roughly a 60% probability of AMD achieving more than $50 billion in GPU sales by 2028.

Citi believes AMD is "poised to win lion's share" of GPU business at Meta, with custom MI450 chips likely

AMD "emerging as a legit second source in the GPU market" says Citi

Fri, 12 Jun 2026 07:13:36 -0400

Citi believes AMD is "poised to win lion's share" of GPU business at Meta, with custom MI450 chips likely

AMD "emerging as a legit second source in the GPU market" says Citi

Fri, 12 Jun 2026 07:13:36 -0400

Citi believes AMD is "poised to win lion's share" of GPU business at Meta, with custom MI450 chips likely

AMD "emerging as a legit second source in the GPU market" says Citi

Fri, 12 Jun 2026 07:13:36 -0400

Citi believes AMD is "poised to win lion's share" of GPU business at Meta, with custom MI450 chips likely

Citi upgrades AMD to buy with $575 price target ahead of Q4 earnings

Fri, 12 Jun 2026 05:21:26 -0400

(Updated - June 12, 2026 5:21 AM EDT)

Citi analyst Atif Malik upgraded AMD (NASDAQ: AMD) from Neutral to Buy with a price target of $575, up from $460.

The analyst cited expectations for AMD to benefit from increased demand for CPUs driven by agentic AI applications. Malik noted that AMD is positioned to become a legitimate second source in the GPU market and expects the company to win significant business from Meta.

"Most investors currently view AMD as a CPU stock with stock pricing in ~60% probability of AMD achieving >$50B in GPU sales by 2028, in our view," Malik stated in

Citi upgrades AMD to buy with $575 price target ahead of Q4 earnings

Fri, 12 Jun 2026 05:21:26 -0400

(Updated - June 12, 2026 5:21 AM EDT)

Citi analyst Atif Malik upgraded AMD (NASDAQ: AMD) from Neutral to Buy with a price target of $575, up from $460.

"Most investors currently view AMD as a CPU stock with stock pricing in ~60% probability of AMD achieving >$50B in GPU sales by 2028, in our view," Malik stated in

Citi upgrades AMD to buy with $575 price target ahead of Q4 earnings

Fri, 12 Jun 2026 05:21:26 -0400

(Updated - June 12, 2026 5:21 AM EDT)

Citi analyst Atif Malik upgraded AMD (NASDAQ: AMD) from Neutral to Buy with a price target of $575, up from $460.

"Most investors currently view AMD as a CPU stock with stock pricing in ~60% probability of AMD achieving >$50B in GPU sales by 2028, in our view," Malik stated in

BofA lifts targets on AMD and ARM, raises CPU TAM to $170bn

Thu, 11 Jun 2026 07:41:42 -0400

Investing.com -- Bank of America has raised its 2030 server CPU total addressable market estimate to more than $170 billion from $125 billion, arguing that agentic AI is driving a near-fivefold expansion in CPU demand and lifting price objectives across several semiconductor names.

Analyst Vivek Arya said in a note on Thursday that the emergence of agentic AI represents "a powerful demand accelerant that expands the CPU opportunity and lifts both x86 incumbents and ARM challengers," implying a 37% compound annual growth rate over 2025 to 2030.

AMD's price target was raised to $560 from $500 on higher CPU and

BofA lifts targets on AMD and ARM, raises CPU TAM to $170bn

Thu, 11 Jun 2026 07:41:42 -0400

AMD's price target was raised to $560 from $500 on higher CPU and

BofA lifts targets on AMD and ARM, raises CPU TAM to $170bn

Thu, 11 Jun 2026 07:41:42 -0400

AMD's price target was raised to $560 from $500 on higher CPU and

BofA lifts targets on AMD and ARM, raises CPU TAM to $170bn

Thu, 11 Jun 2026 07:41:42 -0400

AMD's price target was raised to $560 from $500 on higher CPU and

BofA lifts targets on AMD and ARM, raises CPU TAM to $170bn

Thu, 11 Jun 2026 07:41:42 -0400

AMD's price target was raised to $560 from $500 on higher CPU and

BofA lifts targets on AMD and ARM, raises CPU TAM to $170bn

Thu, 11 Jun 2026 07:41:42 -0400

AMD's price target was raised to $560 from $500 on higher CPU and

AMD (AMD) PT Raised to $560 at BofA Securities

Thu, 11 Jun 2026 06:06:33 -0400

BofA Securities analyst Vivek Arya raised the price target on AMD (NASDAQ: AMD) to $560.00 (from $500.00) while maintaining a Buy rating.

Form 144 ADVANCED MICRO DEVICES Filed by: Su Lisa T

Wed, 10 Jun 2026 16:28:00 -0400

si-local-file:///var/storage/secattach/20260610/26630273.html

Form 144 ADVANCED MICRO DEVICES Filed by: Su Lisa T

Wed, 10 Jun 2026 16:28:00 -0400

si-local-file:///var/storage/secattach/20260610/26630273.html

Raymond James on Applied Optoelectronics (AAOI): 'annualized earnings power near capacity could reach low double-digits'