Advanced Micro Devices, Inc. (Nasdaq:Dmla) is one of 10 AI stocks attract the attention of Wall Street. On June 16, Piper Sandler analyst Harsh Kumar increased the share of action at $ 140.00 (against $ 125.00) while keeping an “overweight” note. The company cited growing optimism in the company’s graphic processing unit segment (GPU) of the company and confidence in its ability to continue to generate solid results behind the increase in price objective.
Piper Sandler is optimistic about the latest AMD product launches, in particular the new Helios system. He believes that the system could increase the growth of the instinct of the AMD to the AC accelerator. The company made these comments shortly after the company revealed its new fleas AI Mi350 and presented in preview the next MI400 series.
Kumar also highlighted the largest segment of AMD, his customer company, which is starting to show signs of improvement. The company’s “shoot” reflect how customers order earlier than expected. Kumar has also added that AMD’s GPU activities could relaunch by the fourth quarter of the 2025 fourth, once the problems related to China is the result of.
To conclude, investors are confident about the AMD strategy and to come to AI. The revised forecasts of the company suggest that the company can support the land on the market for competitive semiconductors.
Advanced Micro Devices, Inc. (NASDAQ: AMD) develops and sells semiconductors, processors and GPUs for data centers, games, AI and integrated applications.
Although we recognize the potential of DMLA as an investment, we believe that certain AI actions offer greater upward potential and have a less unknown risk. If you are looking for an extremely undervalued AI stock that should also benefit considerably from the Trump era tariffs and the excessive trend, see our free report on the Best short -term AI stock.
Then read: 10 stocks AI on the Wall Street radar and 15 stocks AI doing waves at Wall Street.
Disclosure: None.
