Analysts Turn Bullish on AMD — Here’s What’s Powering the Optimism

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Trending AI Stocks on Wall Street. On July 23, Erste Group upgraded the stock rating from Hold to “Buy,” citing AMD’s growth outlook for 2025.

The firm particularly highlighted the accelerating demand for high-performance CPUs and GPUs in data center environments.

Moreover, Erste Group believes that AMD will increase its operating margin in the medium term, allowing it to accelerate its profit growth. Its stock price is also likely to rise based on its growth prospects in these markets.

Analysts Turn Bullish on AMD — Here’s What’s Powering the Optimism

A futuristic multi-server data center, symbolizing the advanced multicloud services.

AMD has an ever-expanding presence in the data center segment, competing fiercely than most of its competitors.

Advanced Micro Devices, Inc. (NASDAQ:AMD) develops and sells semiconductors, processors, and GPUs for data centers, gaming, AI, and embedded applications.

While we acknowledge the risk and potential of AMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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