Advanced Micro Devices Inc. (AMD)
Analyst Updates
Advanced Micro Devices received a updated research report from HSBC Securities, which raised its 12 month price target to $335 from $300, citing a structural acceleration in server CPU demand driven by agentic AI workloads. The analyst emphasized that these next-generation AI systems, which require persistent reasoning, orchestration, and autonomous task execution, which have significantly more CPU than traditional inference workloads, creating sustained demand for high-performance server processors where AMD is increasingly competitive.
HSBC Securities also highlighted AMD’s superior ability to meet supply and execute at scale relative to Intel, noting that AMD’s manufacturing partnerships and product cadence position it to capitalize more effectively on near-term and medium-term data center demand. This operational advantage, combined with rising adoption of EPYC processors among hyperscalers and enterprise customers, supports stronger revenue visibility and margin expansion. HSBC Securities concludes that the market has not yet fully priced in AMD’s growing share gains and supply-side strength, justifying further upside to the stock as AI-driven infrastructure spending continues to broaden beyond GPUs into CPUs and system-level solutions.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
