AMD's Earnings and Analyst Price Target Increase

3 months ago

Host

"AMD was actually green today. And if you watch my episode yesterday I said the following: I thought earnings was boring because if you've been following this channel, you know everything that was discussed, which in my opinion was what you needed to hear for the long-term bullish thesis. The MI450 is going to do really well and the MI355 is going to ramp up and create sequential growth. Analysts have raised price targets to as high as $300, with others at 290 and 270."

Despite describing the earnings as somewhat dull, the speaker underscores AMD's robust product momentum and revised analyst price targets as key catalysts for long-term bullish potential.

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