Raymond James upgrades AMD to Strong Buy, raises target to $641
Raymond James upgraded AMD to Strong Buy from Outperform and raised its price target from $565 to $641, citing a server CPU market expected to reach around $201 billion by 2030. In a separate note, Raymond James said Nvidia could become the world leader in CPU revenue within several years as agentic AI expands the opportunity beyond GPUs.
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@DeItaone
$AMD - AMD UPGRADED TO STRONG BUY — $641 TARGET Raymond James upgraded AMD to Strong Buy from Outperform and raised its price target from $565 to $641. The firm expects the server CPU market to surge to around $201 billion by 2030, representing a 44% five-year CAGR, fueled by
@StockSavvyShay
Raymond James says $NVDA could become the world leader in CPU revenue within several years as agentic AI expands the opportunity beyond GPUs and pushes CPUs toward ~5% of sales by 2028. The note calls Nvidia’s valuation discount “fundamentally illogical” with the stock trading https://t.co/t3wvWJwwi1