Morgan Stanley Raises AMD Stock Price Target Following Strong Earnings
Morgan Stanley raised its price target for Advanced Micro Devices (AMD) to $410 from $360 following strong Q1 2026 earnings and a positive outlook on AMD's server CPU growth. The firm cited increased demand for high-performance CPUs and accelerators driven by inferencing and agentic AI, as well as a broader multiple expansion across the semiconductor peer group.

Topics: AI demand AMD earnings Morgan Stanley price target server CPUs