AMD Stock Is Rising. Here's Why This Top AI Stock Is a Strong Buy Right Now
The chipmaker is set to be a prime beneficiary of the agentic AI-driven boom in CPU sales.
Overview
Shares of Advanced Micro Devices (NASDAQ: AMD) climbed on Tuesday, following the release of a highly bullish research report. The semiconductor leader is set to deliver even more gains to its shareholders, according to a respected Wall Street analyst.
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Raymond James analyst Simon Leopold upgraded AMD's stock to a strong buy and boosted his share price forecast from $565 to $641. His new price target signifies potential gains of more than 33% for investors who buy shares now.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.