Quick Read – AMD’s $563 price target implies 31% upside, backed by Data Center revenue surging 57% YoY and multi-gigawatt AI commitments from Meta and OpenAI. – NVIDIA trades at a cheaper forward multiple than AMD despite 85% revenue growth, while Intel Foundry lost $2.1 billion…
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Advanced Micro Devices (NASDAQ: AMD) has been one of the loudest AI stories of 2026. Even after a brutal week of profit taking, Wall Street is being too cautious. AMD trades at $429.56 as of July 29, 2026, and our 24/7 Wall St. price target is $563.35, implying 31.15% upside over the next 12 months.
Our recommendation is buy, with confidence at 90%. 24/7 Wall St. Price Target Summary A Wild Ride to a $700 Billion Market Cap AMD is up 100.58% year to date and 142.09% over the past year. The last week stripped out 22.23%, dropping the stock from $552.33 to 2%.