From Financial Modeling Prep: 2025-06-09 13:33:00

Cantor Fitzgerald raises price target on AMD to $140, maintains Overweight rating ahead of “Advancing AI 2025” event. CEO Dr. Lisa Su to discuss Instinct MI350 accelerator, next-gen chips, ROCm software updates, and TAM outlook potentially reaching $600 billion by 2030. Cantor sees 2025 as foundational year for AMD’s AI offerings, expecting strong momentum in 2026 with major design wins. Firm believes confidence in AMD could lead stock to outperform in semiconductor sector.



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