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Advanced Micro Devices (NASDAQ:AMD) Stock Rating Upgraded by Zacks Research

Summary by MarketBeat
Zacks Research upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a report on Monday.

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Lean Right

AMD recorded its highest-ever revenue in the second quarter, driven by rapid growth in its data center business. The company turned a profit from a loss in the same period last year, with sales of AI accelerators and server CPUs leading the growth. In the second half of the year, the company is expected to continue its growth trajectory by expanding the supply of Helios, its AI integration solution.

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  • 67% of the sources lean Right
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IBTimes Australia broke the news in New York, United States on Tuesday, August 4, 2026.
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