AMD’s AI growth outlook underpins a higher $725 price target
SNSchwab NetworkYouTube channel
AI · systemfrom the 01:23 video
Schwab Network highlights an AMD price-target increase to $725 from $700 after earnings. It reports data-center revenue up 97% to $8.5 billion, roughly 64% of sales. AMD expects roughly $17 billion of fourth-quarter revenue and about 50% sequential data-center growth. Looking to 2027, the report says CEO Lisa Su expects server revenue to roughly double and data-center AI revenue to more than double.
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