Stifel Raises AMD Stock Price Target by 14% Amid Growing Confidence in AI Infrastructure Demand
Stifel has raised its price target on Advanced Micro Devices (AMD) by 14.3% to $320, maintaining a 'Buy' rating, reflecting increased optimism about AMD's role in AI infrastructure. The upgrade is driven by strong AI compute demand, partnerships with major clients like Meta Platforms (META) and OpenAI, and a robust product roadmap including the upcoming MI450/Helios data center solutions.
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