Analysts Remain Bullish on Advanced Micro Devices Despite Rumours of MI450-Series Chips Behind Schedule

Advanced Micro Devices, Inc. (NASDAQ:AMD) is 1 of the 10 Hottest Stocks to Buy successful 2026.

On January 26, UBS raised the terms people connected Advanced Micro Devices, Inc. (NASDAQ:AMD) from $300 to $330. Timothy Arcuri from UBS raised the terms people connected the backmost of the company’s beardown request for the MI450-series.

However, the caller reports from SemiAnalysis assertion that AMD’s MI450-series chips were down schedule, starring to a imaginable sell-off connected January 30, arsenic the shares fell implicit 6%.

On the different side, Wells Fargo expert Aaron Rakers refuted this assertion and reaffirmed his content that AMD volition bespeak traction toward MI450-series ramp starting successful the 2nd fractional of 2026. On January 29, Rakers reiterated the Overweight standing connected Advanced Micro Devices, Inc. (NASDAQ:AMD), maintaining the terms people astatine $345.

Over the past year, done January 30, Advanced Micro Devices, Inc. (NASDAQ:AMD) shares person soared conscionable implicit 100%, making it 1 of the astir rewarding stocks during this period. Out of 58 analysts covering AMD, 79% fertile the banal arsenic a Buy, portion 21% complaint it arsenic a Hold. AMD has a median terms people of $290.50, implying much than 22% upside.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is simply a starring semiconductor institution successful the US. The steadfast offers AI accelerators, x86 microprocessors, and GPUs. It operates 3 segments: Data Center, Client and Gaming, and Embedded.

While we admit the imaginable of AMD arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.