Goldman Sachs Raises Price Target on AMD Amid New AI Infrastructure Partnership

On July 6, Goldman Sachs raised its price target for Advanced Micro Devices (AMD) to $640 from $450 while maintaining a 'Buy' rating. This follows an agreement between AMD and Rackspace Technology in late June to deploy AMD-based AI compute infrastructure across global data centers.

By Fatima Gulzar Tue, July 14, 2026 at 9:54 PM GMT+3 2 min read · Yahoo Finance · July 14, 2026, 18:54 UTC

Goldman Sachs Raises Price Target on AMD Amid New AI Infrastructure Partnership

Tickers: $AMD

Topics: AI Stocks Investment Analysis Semiconductors

Read the full article at Yahoo Finance

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