Quick Read – AMD’s data center revenue surged 107% to $6.7B, supporting a $629.60 price target with 31% upside and a high-confidence BUY rating. – AMD’s 56% gross margin surpasses Intel’s 35% and justifies its premium valuation as the credible No. 2 AI accelerator behind NVDA. -…
sa Su says Helios demand tracks ahead of forecasts, with Anthropic committing 2 gigawatts of MI450 GPUs on top of OpenAI and Meta deals. – Advanced Micro Devices (NASDAQ:AMD) has ripped higher through 2026, with the stock up 123.75% year to date as data center revenue more than doubled and hyperscaler deals kept stacking up. The question now is whether the run has more room
Our 24/7 Wall St. price target for AMD is $629.60, implying 31.39% upside from the current $479.18. We rate the shares a buy with high confidence. 24/7 Wall St. Price Target Summary A Rally That Just Cooled Off Ahead of Helios AMD has climbed from roughly $163.36 a year ago to $479.18, a 193.33% one-year gain.
Shares slipped 8.19% over the past month and sit about 5% off the $584.73 52-week high. Q2 FY2026 revenue hit $11.54 billion, up 50.11% year over year, with non-GAAP EPS of $1.66 beating the $1.6107 consensus. Data Center revenue grew 107% to $6.72 billion.