Oppenheimer Sees 30% Upside for AMD, $600 Target on “Undeniable” Earnings Growth

Bullish Gator

Oppenheimer upgrades AMD to a $600 target, citing multi-segment “undeniable” earnings growth and 30% rally potential.

Editorial companion

What stands out

The clip highlights Oppenheimer's upgrade of Advanced Micro Devices to a $600 price target and its claim of "undeniable" multi-arm earnings growth, a call that implies about 30 percent upside from recent levels. Schwab Network's reporter points to the core businesses behind the upgrade, data-center chips and other growth engines, and presents the bullish case tightly, which helps explain why a single analyst note moved headlines and shares during an already volatile stretch.