Great News for AMD Investors: Analysts See $300 Price Target

Core Insights - Advanced Micro Devices (AMD) reported a remarkable 229% profit growth and double-digit revenue gains, primarily fueled by strong demand in AI and data centers [1] - Analysts have set a price target of $300 for AMD, indicating significant market confidence in the company's growth trajectory [1] - Despite the positive momentum, AMD faces competition from Nvidia and potential execution risks that could impact its ability to sustain this growth [1]