Advanced Micro Devices, Inc. (AMD) is highlighted as a Must-Watch AI Stock on Wall Street, with Mizuho analyst Vijay Rakesh raising the price target to $205.00. The company develops and sells semiconductors, processors, and GPUs for various applications. Revenue and EPS estimates have been raised for the upcoming quarters, and AMD is seen benefiting from MI308 ramps in China. While AMD is considered a solid investment, some believe other AI stocks offer greater potential. For those interested in an undervalued AI stock with potential upside, check out the free report on the best short-term AI stock.
Read more at Yahoo Finance: Wall Street Sees More Upside for AMD (AMD) as Capex Rises
