Advanced Micro Devices Draws Buy Ratings on 46.2% CPU Share and 130% Stock Rally
AMD•Advanced Micro Devices is rated a buy on dual-engine growth in GPUs and CPUs, with EPYC CPU revenue at a record 46.2% and multi-gigawatt GPU deals from Meta and OpenAI securing long-term demand. Barclays, UBS, Mizuho and Bernstein raised price targets after Advanced Micro Devices' 130% year-to-date stock surge.
1. Dual-Engine Growth Thesis
Advanced Micro Devices has balanced GPU and CPU drivers, with multi-year, multi-gigawatt GPU deals from Meta and OpenAI providing long-term demand visibility and its EPYC CPU franchise capturing a record 46.2% revenue share in the data center market.
2. June Price Target Increases
Barclays, UBS, Mizuho and Bernstein raised their price targets on Advanced Micro Devices following a year-to-date 130% stock surge, reflecting renewed Wall Street confidence in the company’s dual-engine growth beyond the GPU narrative.
