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Mizuho Just Hiked AMD Price Target to $515: Agentic AI Server Demand Powers the Bull Case
Mizuho said agentic AI will keep Dell’s AI-optimized server orders growing as management guides FY27 revenue to about $50 billion, up 103% year over year.
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The post Mizuho Just Hiked AMD Price Target to $515: Agentic AI Server Demand Powers the Bull Case appeared first on 24/7 Wall St..
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Mizuho raised its Advanced Micro Devices (AMD) price target to $515 from $415, citing agentic AI’s demand for both server CPUs and accelerators as the primary driver.
AMD’s structural advantage lies in supplying both orchestration CPUs and inference GPUs, positioning the company to benefit as agentic w…