Wall Street has spent much of 2026 debating whether AMD is an Nvidia alternative or a genuinely different bet. On Aug. 25, one of the Street's higher-ranked chip ******* ysts made his position clear.
AMD shares jumped roughly 4% on the day. The upgrade came with a specific argument about where server chip revenue is headed that goes well beyond the usual AI trade.
Simon Leopold, Raymond James' semiconductor ******* yst, upgraded AMD to Strong Buy from Outperform and raised his price target to $641 from $565 on Aug. 25, implying roughly 40% upside from AMD's closing price that day, CNBC reported.
Leopold ranks 120th out of 12,496 ******* ysts tracked by TipRanks, with a 60% success rate and an average return of 30% per rating. His $641 target sits above the consensus average of roughly $613 across all ******* ysts covering AMD.
Read more AMD:
#leopold
AMD shares jumped roughly 4% on the day. The upgrade came with a specific argument about where server chip revenue is headed that goes well beyond the usual AI trade.
Simon Leopold, Raymond James' semiconductor ******* yst, upgraded AMD to Strong Buy from Outperform and raised his price target to $641 from $565 on Aug. 25, implying roughly 40% upside from AMD's closing price that day, CNBC reported.
Leopold ranks 120th out of 12,496 ******* ysts tracked by TipRanks, with a 60% success rate and an average return of 30% per rating. His $641 target sits above the consensus average of roughly $613 across all ******* ysts covering AMD.
Read more AMD:
#leopold
2 months ago
