Analyst Upgrades Advanced Micro Devices (AMD) to ‘Hold’

Advanced Micro Devices, Inc. (NYSE:AMD) is included among the 15 Best S&P 500 Stocks to Buy Right Now.

Analyst Upgrades Advanced Micro Devices (AMD) to 'Hold'

Advanced Micro Devices, Inc. (NYSE:AMD) operates as a semiconductor company internationally. It operates in three segments: Data Center, Client and Gaming, and Embedded.

On April 2, Erste Group turned bullish on Advanced Micro Devices, Inc. (NYSE:AMD) and upgraded its rating on the stock from ‘Hold’ to ‘Buy’.

Advanced Micro Devices, Inc. (NYSE:AMD) posted a record annual revenue of $34.6 billion for FY 2025. The company now intends to continue this momentum with a target to deliver revenue of $9.8 billion in Q1 2026, up 32% YoY, driven by the ballooning demand for high-performance CPUs and GPUs in data centers. AMD delivered an adjusted operating margin of 28% in the fourth quarter, which, according to the analyst, remains strong relative to its peers. Moreover, Erste believes that the company has an attractive product portfolio and its upcoming second-half launch of the AMD Instinct MI450 series is expected to compete with Nvidia’s Ruby architecture and drive strong demand due to its higher memory capacity.

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