AMD(US:AMD) 智通财经网·2025-11-12 14:40Core Insights - AMD's optimistic outlook on AI-related spending is expected to drive strong growth in the foreseeable future, leading to a significant increase in stock price [1] - Analysts from Wedbush and BofA have set target prices of $290 and $300 respectively, citing a projected compound annual growth rate (CAGR) of 35% over the next 3 to 5 years, primarily driven by AI business growth [1][2] - AMD anticipates a 60% growth in its AI accelerator business, which is a key factor in raising revenue expectations [1] Financial Projections - AMD forecasts that the global AI silicon chip total addressable market (TAM) will exceed $1 trillion by 2030, covering areas such as CPU, GPU, NIC, and high-end networking [2] - If AMD captures a double-digit market share in this sector, annual revenue could surge from approximately $16 billion to over $100 billion [2] Market Dynamics - The demand for AI is expected to create a positive cycle for suppliers of memory and hard disk components, potentially leading to capacity constraints [2] - KeyBanc maintains a "neutral" rating on AMD, emphasizing the need for the company to demonstrate sustained execution and profitability in high-end computing platforms [2]