AMD Shares Surge After Analyst Day Highlights AI and Data Center Growth

Advanced Micro Devices (AMD) shares ROSE approximately 5% in after-hours trading following its 2025 Analyst Day, where the chipmaker outlined ambitious growth targets for its AI and data center businesses. Mizuho Securities analyst Vijay Rakesh maintained a Buy rating and raised his price target to $285, citing confidence in AMD's long-term earnings potential.

AMD projects revenue growth exceeding 35% annually, with gross margins expanding to 55–58%. The company now forecasts the AI hardware market to surpass $1 trillion by 2030, doubling its prior estimate. Data center revenue is expected to grow more than 60% yearly, while AI-related sales could climb over 80% annually in the coming years.

Rakesh, ranked among the top analysts on TipRanks, highlighted AMD's revised earnings per share target of above $20 by 2030. The upbeat guidance reflects Wall Street's growing appetite for semiconductor stocks Leveraged to AI infrastructure development.