AMD’s $350 Price Target Is In: This Options Trade Is the Data-Driven Winner

A little over three months ago, AMD’s high target price was $200, and I discussed how to play it. Last month, the stock broke through $200, and today, AMD trades near $260 and has a high target price of $350. More News from Barchart The previous underdog in a three-way competition with Nvidia and Intel before the AI revolution is now one of the primary suppliers of AI chips, with data center revenue expected to increase by 60% annually over the next three years. And while AMD’s still not as large as Nv ...