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Raymond James Upgrades AMD to Strong Buy, Raises Price Target to $641 From $565
The firm upgraded AMD from Outperform, citing expectations for the server CPU market to surge to around $201 billion by 2030, representing a 44% five-year CAGR, driven by AI datacenters and agentic workloads. Raymond James believes AMD offers the strongest combination of earnings upside, datacenter exposure, and market-share gains, positioning it as a major beneficiary of accelerating AI infrastructure demand.
Source：X@DeItaone · Source Link
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