AMD EPYC Processors Now Power Nokia Cloud Infrastructure for Next-Gen Telecom Networks

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Baird Comments on AMD (AMD) Following AI Event

June 12, 2025 3:35 PM EDT

Baird analyst Tristan Gerra reiterated an Outperform rating and $140.00 price target on AMD (NASDAQ: AMD).

The analyst comments "AMD hosted its Accelerating AI event today. Key takeaways: Management raised its AI accelerator TAM to over $500 billion by 2028, up from AMD's previous estimate of $500 billion by 2028, representing over 60% CAGR. AMD expects the... More