
🚨 $AMD STOCK — NEW BULLISH CATALYST
AMD is back in focus after Raymond James upgraded the stock to Strong Buy and raised its price target to $641 from $565. 📈
The upgrade comes as analysts see stronger AI-server growth ahead, adding to AMD’s already powerful data-center momentum.
AMD’s Q2 data-center revenue surged more than 2× YoY to $6.72B, while total revenue reached $11.54B. 🔥
📊 Market Impact:
The latest upgrade reinforces the bullish institutional view on AMD as AI infrastructure spending accelerates.
What’s Next:
Investors will watch whether AMD can sustain its AI-driven growth and challenge Nvidia more aggressively in the coming quarters.
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