BofA sets $130 price target for AMD, praising AI roadmap and customer growth.

From Yahoo Finance: 2025-06-16 19:24:00

Advanced Micro Devices, Inc. (AMD) is highlighted as a top AI stock by BofA with a $130 price target. The company unveiled new AI chips and partnerships with Meta, Oracle, Microsoft, OpenAI, and others. Analysts praise AMD’s AI roadmap and customer growth. AMD is a leading developer of semiconductors, processors, and GPUs.

While AMD shows promise, some AI stocks may offer greater potential. For more insights on AI investments and undervalued stocks, check out related reports. No new hyperscaler customer announcements were made at the event. AWS engagement may be on the horizon. AMD continues to make strides in AI infrastructure and software development.



Read more at Yahoo Finance: Advanced Micro Devices (AMD) Gets $130 Price Target as BofA Calls It the “Next-Best AI Vendor”