Roth Capital analyst Suji Desilva raised the firm’s price target on AMD (AMD) to $150 from $125 and keeps a Buy rating on the shares. The firm is “encouraged” by AMD’s artificial intelligence portfolio progress across processors, AI GPUs, networking, software, and rack systems. It expects accelerating 2026 growth with the ramp of the MI350 accelerator-based Helios rack solution. AMD sees the addressable market growing faster than previously expected, with AI inferencing and agentic AI trending as growth drivers on top of “significant” AI training investment to date, the analyst tells investors in a research note. Roth raised the price target following AMD’s AI event.
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