Rosenblatt Reiterates Buy on Advanced Micro Devices (AMD), Sets $250 PT Amid Growth Outlook

Core Viewpoint - Advanced Micro Devices Inc. (AMD) is highlighted as a strong growth stock for the next five years, with analysts maintaining positive ratings and setting ambitious price targets [1][2][3]. Group 1: Analyst Ratings and Price Targets - Rosenblatt Securities analyst Kevin Cassidy reiterated a Buy rating on AMD, setting a price target of $250.00 [1]. - Mizuho raised its price target on AMD to $275 from $205, maintaining an Outperform rating [2]. Group 2: Partnerships and Growth Potential - AMD announced a multi-year partnership with OpenAI to deploy 6GW of AMD GPUs for OpenAI's next-generation AI infrastructure, with the first phase involving 1GW scheduled to begin in H2 2026 [3]. - The partnership with OpenAI is estimated to be valued between $90 billion and $100 billion through 2030 [2]. Group 3: Company Overview and Market Segments - AMD operates as a semiconductor company globally, with three main segments: Data Center, Client and Gaming, and Embedded [4].