Ge Long Hui A P P·2025-11-07 09:07Core Viewpoint - Huatai Securities maintains a "Buy" rating for Advanced Micro Devices (AMD.US) with a target price of $280, citing strong Q3 revenue and profit exceeding expectations, driven by robust growth in data center and client businesses [1] Financial Performance - Q3 revenue and profit surpassed expectations, indicating strong operational performance [1] - Revenue and profit forecasts for 2026 and 2027 have been revised upwards, reflecting positive growth outlook [1] Business Growth - Significant growth in data center and client segments, contributing to overall business expansion [1] - High visibility of AI orders, with major clients such as OpenAI and Oracle securing contracts [1] Future Potential - Revenue potential for 2027 is projected to reach hundreds of billions, highlighting substantial growth opportunities [1] - Valuation has rebounded to historical high levels, reinforcing the positive investment outlook [1]