Based on 528btc, AMD stock has surged nearly 79% year-to-date, rebounding from a low of $80 to around $215. TD Cowen analyst Joshua Buchalter upgraded AMD to 'Buy,' citing its competitive edge in AI and potential to challenge NVIDIA, especially as U.S. export restrictions limit NVIDIA's chip sales to China. Buchalter highlighted AMD's upcoming Helios rack AI system and MI450 chip as a potential industry disruptor, setting a $290 price target for mid-2026, implying a 35% return from current levels.
AMD Stock Receives 'Buy' Rating with $290 Price Target Amid AI Growth
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