See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox<\/a> <\/p>\nThe brokerage reiterated its ‘Buy’ rating on AMD and raised its price target to $640 from $511, a 27% upside from Monday’s closing price. Analyst Jeff Pu noted that AMD is projected to narrow the hardware gap with its MI450X accelerator and move ahead of Nvidia with its MI550X model, which features a four-die package structure and larger High Bandwidth Memory. <\/p>\n
“Rack-level scaling remains on track to ramp up in the fourth quarter of 2026, while AMD’s “Venice” server processors are expected to drive higher average selling prices into 2027,” Pu said in a note. <\/p>\n
Pu highlighted that the industry anticipates AMD unveiling Anthropic as its third gigawatt-level customer, with a deployment scale exceeding prior deals with Meta Platforms Inc. (META) and OpenAI. <\/p>\n
Consequently, GF Securities raised its full-year revenue estimates to $52.3 billion for 2026 and $82.2 billion for 2027. AMD reports second-quarter financial results on August 4, with consensus estimates at $1.61 adjusted EPS on $11.3 billion in revenue. <\/p>\n
What To Expect At AMD Advancing AI 2026 <\/p>\n
The market updates precede AMD’s annual gathering, Advancing AI 2026, taking place on July 22-23 in San Francisco. Led by CEO Dr. Lisa Su, the two-day event brings together developers, IT leaders, and researchers to explore advancements across AI infrastructure, architecture, and software development. <\/p>\n
The agenda features over 100 sessions, an interactive expo floor, and keynotes. Enterprise decision-makers can expect sessions with leaders from Dell (DELL), Alphabet (GOOGL), Lenovo, Nutanix, Gartner, and TensorWave covering agentic AI deployment, datacenter power constraints, total cost of ownership, and network efficiency. <\/p>\n","protected":false},"excerpt":{"rendered":"GF Securities projects AMD’s upcoming MI450X will narrow the hardware gap with Nvidia. AMD is widely expected to…\n","protected":false},"author":2,"featured_media":552861,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[10387,345,81326,59275,1463,343,344,102510,251019,85,46,15042,4136,128833,125],"class_list":["post-552860","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-advanced-micro-devices-inc","tag-ai","tag-amd-shares","tag-amd-stock","tag-anthropic","tag-artificial-intelligence","tag-artificialintelligence","tag-gf-securities","tag-hardware-gap","tag-il","tag-israel","tag-meta-platforms","tag-nvidia","tag-revenue-estimates","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/552860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=552860"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/552860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/552861"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=552860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=552860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=552860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}