Wall Street analysts predict significant upside for AI stocks Micron Technology, Advanced Micro Devices, and Dell

From Nasdaq: 2025-01-01 06:30:00

The bull market has been kind to companies in artificial intelligence, with many stocks soaring. While some are fully priced, there are still opportunities in AI, especially with big tech companies increasing spending on AI hardware. Wall Street analysts see potential for several companies to continue climbing.

Micron Technology, specializing in memory chips for AI servers, has a 194% implied upside according to Rosenblatt analysts, with a $250 price target. Despite recent earnings disappointment, the company’s data center revenue is growing significantly, pointing to strong potential for the stock in 2025.

Advanced Micro Devices, a semiconductor company, is another AI stock with up to 194% upside in 2025 per analysts. Its GPUs and AI accelerator chips are in high demand, driving profit growth. With plans to launch new GPU models and strong CPU performance, AMD is poised for continued success.

Dell, known for personal computers, is seeing growth in its server business, particularly in AI-optimized servers. Despite recent earnings misses, strong demand for AI servers is expected to fuel growth in the segment. With a 60% implied upside based on a $185 price target, Dell presents a compelling investment opportunity.

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Read more at Nasdaq: 3 Artificial Intelligence (AI) Stocks With 60% to 194% Upside in 2025, According to Select Wall Street Analysts