AMD Target Raised to $375 on Data Center GPU Demand and Meta 1GW Rollout
Susquehanna raised AMD’s price target to $375 from $300, citing robust data center GPU demand led by MI350 shipments and future MI450 launches. Meta plans to deploy over 1GW of custom silicon alongside significant AMD chip integration in its expanded infrastructure spending.
1. Susquehanna Raises Price Target
Susquehanna lifted its price target on AMD to $375 from $300 ahead of the May 5 first-quarter earnings release, citing stronger-than-expected data center GPU demand driven by MI350 accelerator shipments and an anticipated MI450 launch later in the year.
2. Meta Expands Infrastructure with AMD Chips
Meta announced plans to boost infrastructure capex and deploy over 1 gigawatt of custom silicon alongside significant AMD chip integration, positioning AMD GPUs alongside new AI systems to offset rising memory and component costs.
3. AI Product Roadmap and Revenue Outlook
Analysts estimate AMD could generate up to $17 billion in GPU revenue in 2026 as its MI350 line ramps and future MI450 and Helios products come online, backed by disclosed 6-gigawatt hardware deals with major AI operators.