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Wedbush Analyst Raises AMD Price Target on AI-Driven GPU Growth

Wedbush Analyst Raises AMD Price Target on AI-Driven GPU Growth

Published:
2025-10-16 02:12:02
23
3
BTCCSquare news:

Wedbush analyst Matt Bryson increased AMD's price target to $270 from $190, citing stronger GPU demand from AI partnerships. The new target reflects a 13% upside potential, anchored by Oracle's deployment of 50,000 MI450 GPUs and OpenAI's plan to build six gigawatts of AI capacity using AMD chips.

Each gigawatt of AI infrastructure could translate to $20 billion in hardware sales, signaling transformative growth for AMD's data center business. The analyst maintains an Outperform rating, calling the revised valuation a "fair premium" for the company's expanding market position.

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