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Hold Your Horses: AMD's OpenAI Payday Starts in a Year (and Really Ramps Up in 2027)
Yahoo Finance· 2025-10-08 15:11
Key Points AMD's OpenAI partnership won't generate meaningful revenue until the second half of 2026, with the real ramp-up coming in 2027. At the same time, the deal could add more than $100 billion to AMD's sales over the next few years -- the excitement is for real. AMD's Instinct chips offer compelling power efficiency advantages that could attract other major artificial intelligence (AI) players like Meta Platforms and Alphabet's Google. 10 stocks we like better than Advanced Micro Devices › ...
AMD stock receives major upgrade from Wall Street
Finbold· 2025-08-26 13:07
Core Viewpoint - Advanced Micro Devices (AMD) has received a 'Buy' rating upgrade from Truist Securities, with a new price target of $213, indicating a potential 30% increase from its last market close of $163 [1][4]. Group 1: Stock Upgrade and Price Target - Truist Securities upgraded AMD's stock from 'Hold' to 'Buy' and raised the price target from $173 to $213 [1][4]. - The upgrade reflects growing optimism around AMD's long-term growth, particularly in AI-driven computing [5]. Group 2: Financial Performance - AMD reported record revenue of $7.69 billion for the second quarter of Fiscal 2025, marking a 32% year-over-year increase [5]. - On a GAAP basis, net income rose to $872 million, or $0.54 per diluted share, compared to $265 million, or $0.16 per share, a year earlier [6]. Group 3: Future Guidance - AMD guided for third-quarter revenue to be approximately $8.7 billion, with a variance of plus or minus $300 million, driven by growth in MI355 accelerators, EPYC server chips, and client products [6]. Group 4: Market Sentiment and Competitor Analysis - Analysts are optimistic about AMD's AI GPU prospects and the strength in the CPU market, despite concerns over U.S.-China trade tensions and competition [7]. - Other analysts have also raised their price targets for AMD, with TD Cowen setting it at $195 and Mizuho at $205, citing expected sales momentum in MI355 and MI308 products [8].