Susquehanna Analyst Christopher Rolland raised Advanced Micro Devices, Inc. (AMD) price target to $210 from $135 on July 30, keeping a “Positive” rating. Analysts expect in-line to slightly better Q2 results due to strong PC sales and AMD’s server business strength, gaining market share in EPYC data center CPUs.

The government’s review and likely renewal of AMD’s license application for exporting MI308 AI chips to China could reverse a previously anticipated $1.5 billion negative revenue impact, potentially recovering $800 million in revenue in the second half of 2025. This might allow AMD to sell much of the $800 million in MI308 inventory at near-zero cost.

AMD develops and sells semiconductors, processors, and GPUs for data centers, gaming, AI, and embedded applications. While AMD shows investment potential, some AI stocks may offer greater upside potential and less downside risk. For an undervalued AI stock that could benefit from Trump-era tariffs and the onshoring trend, see the free report on the best short-term AI stock.

Read more at Yahoo Finance: AMD Stock Gets Bullish Re-Rating as Export Ban Relief Sparks $800M Upside