Why Analysts Say They're Bullish on AMD Stock After AI

Oct 11, 2024 · While AMD unveiled a number of new AI products at the event, Jefferies analysts said investors may have been looking for clearer signs of competition with Nvidia and a new customer announcement ...

CouponFollow Extension

80%
OFF

Why Being Bullish On AMD Stock’s AI Growth Potential Makes …

2 weeks from now

May 19, 2024 · Here’s why. AI and AMD Stock. The company launched its MI300 AI GPUs in December. Because of their early success, AMD’s data center revenue increased by 80% year …

businessinsider.com

30%
OFF

Ignore The Noise: 3 Reasons Why AMD Stock's AI-Powered Bull …

2 weeks from now

Mar 27, 2024 · As Piper Sandler analyst Harsh Kumar has argued, AMD could end up capturing 20-30% of the AI data center GPU market. Largely, because of a pricing advantage over its …

investorplace.com

22%
OFF

What Analysts Think Of AMD Stock Ahead Of Earnings - Investopedia

2 weeks from now

3 days ago · AMD is expected to report revenue of $7.54 billion, up 22% year-over-year, and earnings of $1.1 billion, or 67 cents per share, up from $667 million, or 41 cents per share, a …

investopedia.com

5%
OFF

Broadcom, AMD Lead Chip Stocks Higher Monday On Anticipation …

2 weeks from now

Dec 23, 2024 · Meanwhile, AMD shares jumped 4.5% to $124.60 Monday after analysts at Rosenblatt called it a "top pick" for the first half of 2025, noting its growing market share and AI …

investopedia.com

49%
OFF

AMD Stock: Analysts Forecast 49% Upside—Here’s Why

2 weeks from now

Jan 20, 2025 · AMD stock is up about 4% after Loop Capital initiated coverage with a Buy rating and a $175 price target, nearly 50% above the stock price on January 17. ... Loop Capital is …

marketbeat.com

$56.00
OFF

AMD Stock Breaks Out But Approaches Overbought Levels

2 weeks from now

Jul 30, 2018 · Bank of America analysts downgraded Intel stock to Neutral from Buy following the delay while lowering their price target to $56.00 from $62.00 per share. ... Why Analysts Say …

investopedia.com

FAQs about Why Analysts Say They're Bullish on AMD Stock After AI Coupon?

Is Advanced Micro Devices still bullish on advancing AI?

Advanced Micro Devices may have disappointed investors with its Advancing AI event Thursday, but analysts said they're still bullish on the chipmaker's growth prospects. AMD shares fell Thursday after the company unveiled its latest AI chips without raising its outlook or announcing new partnerships as some investors had expected. ...

Is AMD (AMD) a good stock to buy?

There’s also the fact that several analysts remain exceedingly bullish on AMD’s prospects despite the stock’s underperformance. In a note to clients last month, the team over at Mizuho reiterated their Outperform rating, citing the company’s resilience and its strong position in the semiconductor market. ...

Is AMD stock poised for further upside?

AMD didn’t match Nvidia’s rally, which surged 154% this year, while AMD only appreciated 17%. The market is clearly underestimating AMD’s AI chip potential, leading to potential upside if AI computing trends are as bullish as many think. With a relatively attractive multiple, AMD stock could be poised for further upside from here. ...

Is AMD stock a good option in the AI industry?

Despite the current valuation levels, AMD stock is a good option in the AI industry. I have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. ...

Will AMD stock increase in 2024?

AMD stock has risen by 120% in 2023. This has caused many analysts to announce a reduction in upside potential in 2024. However, it should be noted that AMD has not yet delivered the AI chips which will be the key driver for future growth in the stock. Next year will be a very important period for AMD as it sees direct competition with Nvidia. ...

Will AMD's AI chips make a big investment?

Hence, it is highly likely that all of them will eventually make a big investment for AMD’s AI chips. Figure: Performance claim made by AMD for its AI chips compared with Nvidia. Source: AMD, Tom's Hardware. Other tech companies using AI chips will also need to consider AMD’s AI chips as they gain more market share. ...