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0.000912047910764583 0.000236890320185265 0.00377733117024628 0.00587584848704968 0.00422124829495465 -0.00610991388007785 0.000811157655149008 0.0036966189657538
Stock impact report

Analysts Remain Bullish on Advanced Micro Devices Despite Rumours of MI450-Series Chips Behind Schedule [Yahoo! Finance]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: Yahoo! Finance
On January 26, UBS raised the price target on Advanced Micro Devices, Inc. (NASDAQ:AMD) from $300 to $330. Timothy Arcuri from UBS raised the price target on the back of the company's strong demand for the MI450-series. However, the recent reports from SemiAnalysis claim that AMD's MI450-series chips were behind schedule, leading to a potential sell-off on January 30, as the shares fell over 6%. On the other side, Wells Fargo analyst Aaron Rakers refuted this claim and reaffirmed his belief that AMD will indicate traction toward MI450-series ramp starting in the second half of 2026. On January 29, Rakers reiterated the Overweight rating on Advanced Micro Devices, Inc. (NASDAQ:AMD), maintaining the price target at $345. Over the last year, through January 30, Advanced Micro Devices, Inc. (NASDAQ:AMD) shares have soared just over 100%, making it one of the most rewarding stocks during this period. Out of 58 analysts covering AMD, 79% rank the stock as a Buy, while 21% rate it as Show less Read more
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