Citi Raises Price Target for AMD Amid Upcoming Key Announcement
On May 18, Citi analyst Atif Malik raised Advanced Micro Devices' (AMD) stock price target from $358 to $460 while maintaining a neutral rating. The adjustment is tied to a new CPU total addressable market model and hints at an undisclosed customer relationship that could impact the AI chip landscape if confirmed in July.
Topics: AI Chips AMD Analyst Rating Citi Semiconductors