Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Advanced Micro Devices ( (AMD) ).
On February 24, 2026, AMD and Meta announced an expanded strategic partnership under which Meta will deploy up to 6 gigawatts of AMD Instinct GPUs, supported by 6th Gen AMD EPYC CPUs and the jointly developed AMD Helios rack-scale architecture, with shipments for the first 1-gigawatt phase scheduled to start in the second half of 2026. To align incentives, AMD on February 23, 2026 issued Meta a performance-based warrant for up to 160 million AMD shares vesting in tranches tied to gigawatt-scale GPU purchase milestones, AMD stock price thresholds and Meta’s technical and commercial conditions, a structure AMD expects to drive substantial multi-year revenue growth and be accretive to its non-GAAP earnings per share while deepening its role in large-scale AI infrastructure.
The most recent analyst rating on (AMD) stock is a Hold with a $220.00 price target. To see the full list of analyst forecasts on Advanced Micro Devices stock, see the AMD Stock Forecast page.
Spark’s Take on AMD Stock
According to Spark, TipRanks’ AI Analyst, AMD is a Neutral.
The score is led by solid financial performance (improving profitability, strong free cash flow, and a very low-leverage balance sheet) and a constructive earnings outlook centered on data-center/AI growth. These positives are meaningfully tempered by weak near-term technicals (price below key moving averages with negative MACD) and a demanding valuation (high P/E with no dividend yield data).
To see Spark’s full report on AMD stock, click here.
More about Advanced Micro Devices
Advanced Micro Devices, Inc. is a U.S.-based semiconductor company specializing in high-performance and AI computing chips. Its portfolio spans AI-optimized CPUs and GPUs, networking products and software that power cloud and AI infrastructure, embedded systems, AI PCs and gaming, targeting large-scale data center and consumer computing markets worldwide.
Average Trading Volume: 36,149,610
Technical Sentiment Signal: Buy
Current Market Cap: $326.3B
See more insights into AMD stock on TipRanks’ Stock Analysis page.