AMD Price Targets Raised to $800 by Futurum Following AI Summit, Implying 48% Upside

AMD-0.87%
MSFT2.26%
Following AMD's 'Advancing AI 2026' conference in San Francisco, multiple Wall Street analysts upgraded price targets for the chipmaker. Futurum Equities raised its target to $800, representing 48% upside from current levels, with analyst Daniel Newman citing major partnerships including a 2GW AI computing deployment with Anthropic. Benchmark also upgraded its target from $485 to $685, indicating 27% upside, citing growth catalysts from Microsoft's Azure expansion and Anthropic's AI infrastructure investment.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments