TipRanks(@TipRanks):$AMD price target raised to $640 from $515 at Jefferies Jefferies analyst Blayne Curtis raised the firm's price target on AMD to $640 from $515 and keeps a Buy rating on the shares after the company announced the launch of new products and partnerships at Advancing AI 2026. Advancing AI reinforced AMD's clear Server leadership while its AI story got more real, with two more marquee customers and a roadmap that potentially puts the company ahead of Nvidia, the analyst tells investors in a research note. Both Anthropic and OpenAI talked about a quick ramp up of Helios and the newly introduced ROCm. AI should make that process even easier, the firm added.

2026.07.24 09:37

$AMD price target raised to $640 from $515 at Jefferies Jefferies analyst Blayne Curtis raised the firm's price target on AMD to $640 from $515 and keeps a Buy rating on the shares after the company announced the launch of new products and partnerships at Advancing AI 2026. Advancing AI reinforced AMD's clear Server leadership while its AI story got more real, with two more marquee customers and a roadmap that potentially puts the company ahead of Nvidia, the analyst tells investors in a research note. Both Anthropic and OpenAI talked about a quick ramp up of Helios and the newly introduced ROCm. AI should make that process even easier, the firm added.