Mizuho raises AMD price target to $615 from $515, citing strong agentic AI demand
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- 1
Mizuho raised its price target on Advanced Micro Devices (AMD) to $615 from $515 and maintained an Outperform rating. The firm said demand remains strong across the CPU ecosystem as companies build infrastructure for more advanced AI workloads.
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Suppliers are expected to remain supply-constrained through 2027, which could support upside in the server market. However, memory and CPU supply could limit some upside in the second half of 2026.
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AMD is competing for a larger role in AI data centers against Nvidia and Intel. The upgrade positions AMD as one of the main beneficiaries of the AI hardware cycle.
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