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AMD Stock Jumps 3.8% as AI CPU Dominance Prompts Wells Fargo to Raise Price Target to $615

Advanced Micro Devices stock has surged this year, driven mostly by demand for the chip maker’s artificial-intelligence-optimized central processing units. Wall Street doesn’t expect that demand to...

AMD Stock Jumps 3.8% as AI CPU Dominance Prompts Wells Fargo to Raise Price Target to $615

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Wall Street doesn’t expect that demand to...","content":"<html><head></head><body><p style=\"text-align: left;\"><span>Advanced Micro Devices </span>stock has surged this year, driven mostly by demand for the chip maker’s artificial-intelligence-optimized central processing units. Wall Street doesn’t expect that demand to slow down anytime soon and believes shares still have upside.</p><p style=\"text-align: left;\">A Wells Fargo analyst team, led by Aaron Rakers, raised their AMD price target to $615 from $505 on Tuesday and maintained an Overweight rating on the shares.</p><p style=\"text-align: left;\">Advanced Micro Devices stock moved 3.8% higher  at $560.21 after ending Monday up 3.4%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/935e1c4cb29dd1c331a183939498d221\" data-align=\"center\" tg-width=\"726\" tg-height=\"618\"/><span></span></p><p style=\"text-align: left;\">The basis for the price target hike, which implies 14% upside from the stock’s closing price on Monday, is that <span>demand for central processing units</span>, or CPUs, will continue to be sky high on the back of agentic AI momentum.</p><p style=\"text-align: left;\">The firm forecasts AMD server CPU revenue in 2026 growing 68% to $16 billion. Wells Fargo expects server CPU sales growth between 22% and 28% in 2027 and 2028, respectively.</p><p style=\"text-align: left;\">“We see further upside via agentic AI demand momentum—cloud and traditional enterprise modernization,” Rakers wrote.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD Stock Jumps 3.8% as AI CPU Dominance Prompts Wells Fargo to Raise Price Target to $615</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Stock Jumps 3.8% as AI CPU Dominance Prompts Wells Fargo to Raise Price Target to $615\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-30 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\"><span>Advanced Micro Devices </span>stock has surged this year, driven mostly by demand for the chip maker’s artificial-intelligence-optimized central processing units. Wall Street doesn’t expect that demand to slow down anytime soon and believes shares still have upside.</p><p style=\"text-align: left;\">A Wells Fargo analyst team, led by Aaron Rakers, raised their AMD price target to $615 from $505 on Tuesday and maintained an Overweight rating on the shares.</p><p style=\"text-align: left;\">Advanced Micro Devices stock moved 3.8% higher  at $560.21 after ending Monday up 3.4%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/935e1c4cb29dd1c331a183939498d221\" data-align=\"center\" tg-width=\"726\" tg-height=\"618\"/><span></span></p><p style=\"text-align: left;\">The basis for the price target hike, which implies 14% upside from the stock’s closing price on Monday, is that <span>demand for central processing units</span>, or CPUs, will continue to be sky high on the back of agentic AI momentum.</p><p style=\"text-align: left;\">The firm forecasts AMD server CPU revenue in 2026 growing 68% to $16 billion. Wells Fargo expects server CPU sales growth between 22% and 28% in 2027 and 2028, respectively.</p><p style=\"text-align: left;\">“We see further upside via agentic AI demand momentum—cloud and traditional enterprise modernization,” Rakers wrote.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMYY":"GraniteShares YieldBOOST AMD ETF","AMDD":"1倍做空AMD ETF-Direxion","AMD":"美国超微公司","AMDW":"Roundhill AMD WeeklyPay ETF","AMUU":"2倍做多AMD ETF-Direxion","AMDG":"2倍做多AMD ETF- Leverage Shares","AMDY":"AMD期权收益策略ETF-YieldMax","AMDL":"2倍做多AMD ETF-GraniteShares","DAMD":"2倍做空AMD ETF-Defiance","AMDU":"Defiance Leveraged Long + Income AMD ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177979886","content_text":"Advanced Micro Devices stock has surged this year, driven mostly by demand for the chip maker’s artificial-intelligence-optimized central processing units. Wall Street doesn’t expect that demand to slow down anytime soon and believes shares still have upside.A Wells Fargo analyst team, led by Aaron Rakers, raised their AMD price target to $615 from $505 on Tuesday and maintained an Overweight rating on the shares.Advanced Micro Devices stock moved 3.8% higher  at $560.21 after ending Monday up 3.4%.The basis for the price target hike, which implies 14% upside from the stock’s closing price on Monday, is that demand for central processing units, or CPUs, will continue to be sky high on the back of agentic AI momentum.The firm forecasts AMD server CPU revenue in 2026 growing 68% to $16 billion. Wells Fargo expects server CPU sales growth between 22% and 28% in 2027 and 2028, respectively.“We see further upside via agentic AI demand momentum—cloud and traditional enterprise modernization,” Rakers wrote.","news_type":1,"symbols_score_info":{"AMDG":0.6,"AMDU":0.6,"AMDY":0.6,"AMYY":0.6,"AMDW":0.6,"AMDD":0.6,"DAMD":0.6,"AMD":2,"AMDL":0.6,"AMUU":0.6}},"isVote":1,"tweetType":1,"viewCount":101,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":48,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}