AMD’s Meta deal solidifies role as AI infrastructure provider, says Roth Capital

Expansion of AMD‘s (AMD) relationship with META (META), following a similar OpenAI agreement in October 2025, further solidifies its role as a provider of large-scale AI infrastructure, Roth Capital tells investors in a research note. With equity stakes included in both partnerships, two major industry players now have aligned incentives to help AMD gain meaningful share against competing AI infrastructure offerings, the firm says. Roth Capital maintains a Buy rating and $300 price target on AMD shares.