Advanced Micro Devices Inc. (NASDAQ:AMD) is recognized as one of the best growth stocks to buy in 2026. Bank of America lowered AMD’s price target to $260 from $300 while maintaining a Buy rating, citing the firm’s role in AI-optimized IT infrastructure. AMD and HPE announced a collaboration to develop AI infrastructure using the AMD Helios architecture. The Helios platform integrates AMD technologies for high-performance computing. HPE plans to offer the AMD Helios architecture globally in 2026, featuring AMD EPYC Venice CPUs and Instinct MI455X GPUs.

Read more at Yahoo Finance: BofA Maintains Buy on AMD, Views 2026 as the Midpoint of a Decade-Long AI Infrastructure Cycle