Arm, AMD and Intel see bullish views at Bernstein on server CPU demand

Arm, AMD and Intel see bullish views at Bernstein on server CPU demand

Bernstein raised the price targets on AMD (AMD), Arm (ARM), and Intel (INTC), as agentic AI boosts server CPU demand.

Arm spikes as Bernstein eyes $500 target on AI CPU demand

Arm soared 5.69% to $418.88 after Bernstein hiked its price target to $500, citing a CPU “renaissance” driven by agentic AI and Arm’s power-efficient architecture; the rally comes as investors shift focus from graphics chips to CPUs, but risks remain from supply constraints and a reported FTC probe. The post Arm spikes as Bernstein eyes $500 target on AI CPU demand appeared first on TechStock².