Benchmark Sees Advanced Micro Devices (AMD) Generating Tens of Billions in AI Revenue by 2027

Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks among billionaire David Tepper’s 10 favorite stocks. On February 4, Benchmark reaffirmed its Buy rating and $325 price target for Advanced Micro Devices, Inc. (NASDAQ:AMD), citing the company’s growing prominence in the AI industry. Analyst Cody Acree was optimistic about AMD’s “strong record results” and “attractive outlook,” citing the company’s “rapidly growing leverage to the aggressively expanding AI Data Center market” spanning both CPU and GPU segments ...