RBC Capital keeps a Sector Perform rating and a $230 price target on AMD (AMD). In its meeting with the firm, the IR team reiterated that the MI450/Helio remains on track, adding that the company has solid conviction in OpenAI and Meta (META) volume ramps in the second half of 2026, the analyst tells investors in a research note. Server demand continues to outpace supply while Client seems to be holding up for now, the firm added.
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