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The TD Cowen Investment Bank increased its price goal to Advanced Micro Devices, Inc. (AMD) to $ 115 from $ 110 and maintained a purchase rating for shares.
Advanced Micro Devices, Inc. (AMD) obtained a major market share in the PC and CPU servers markets, the Investment Bank reported.
The positive aspects of the AMD
In addition to gaining market share in the PC and CPU servers markets, the revenue generated by the Ai Mi355 chips of the MI355 firm is likely to be significantly raised in the second half of the year, according to TD Cowen.
In addition, the analyst declared the prospects for the growth of the company in general.
The negative aspects of the AMD
The company’s unit of data center did not work well in the first half of the year and had to be written, said TD Cowen.
TD Cowen slightly reduced his 2025 and 2026 estimates for the company, and warned that his gains and margins would be adversely affected by the highest costs.
The recent price action of Advanced Micro Devices, Inc. (AMD) Actions
In the last month, the shares have won 17%, while it has dropped by 6% in the last three months.
Although we recognize the potential of the AMD, our conviction lies in the belief that the stocks of the AI have a greater promise to obtain higher returns and to do it in a shorter period. There is an AI stock that increased since the beginning of 2025, while the popular AI actions lost around 25%. If you are looking for a stock of Ia more promising than the AMD but you are quoting less than five times, see our report on this Ia stock cheap.
Read below: 20 best shares of Ia to buy now and 30 best shares to buy now according to billionaires
Dissemination: None. This article is originally published in Insider Monkey.