AMD Price Target Jumped to $670, CPU Revenue Set to Hit $29B
AMD•An analyst lifts AMD’s price target to $670 from $455 and forecasts CPU revenue will reach $23 billion in 2027 and $29 billion in 2028. Standalone CPU racks for agentic AI are expected to be 60% x86/40% Arm, with AMD positioned to capture an outsized share given Intel’s supply and roadmap challenges.
1. Price Target Increase
An analyst raised AMD’s price target to $670 from $455, reflecting confidence in its server CPU roadmap, multithreading strength and the established x86 software ecosystem.
2. CPU Revenue Forecasts
AMD’s server CPU revenues are now projected to climb to $23 billion in 2027 and $29 billion in 2028, up from prior estimates of $21 billion and $27 billion, driven by expanding data center demand.
3. Standalone AI Rack Dynamics
Standalone CPU racks for agentic AI workloads are expected to split roughly 60% x86 and 40% Arm, with AMD poised to capture an outsized share due to its higher core counts and Intel’s roadmap and supply constraints.
