Arteris to provide interconnect IP for AMD's next-generation AI chiplets

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AMD (AMD) PT Raised to Street High $230 at New Street Research, 'Positive momentum in GPU & firing on all other cylinders'

August 6, 2025 10:56 AM EDT

New Street Research analyst Pierre Ferragu raised the price target on AMD (NASDAQ: AMD) to $230.00 (from $150.00) while maintaining a Buy rating.

The analyst comments "Instinct momentum picking up: 7 of top 10 AI firms have adopted Instinct & interest is picking up with neo-clouds. Customers... More