AMD Could See EPS Upside By 2027 Despite Nvidia's Over 80% Market Share: Analyst

Bank of America Securities analyst Vivek Arya maintained a Buy rating on Advanced Micro Devices, Inc AMD with a price target of $130 on Tuesday.The company benefits from continued Intel Corp INTC CPU share gains in server and PC, a rising tide in AI with higher content from upcoming rack-scale pipeline, along with related Middle East$10 billion multi-year contracts, and cyclical recovery, the analyst noted.Arya’s segment analysis shows:EPS power of $6.44 and$8.52 in the calendar year 2026 and 2027, or 15% ...