Advanced Micro Devices, Inc. traded lower on Thursday despite a fresh bullish analyst call. Roth MKM analyst Suji Desilva maintained a Buy rating and set a $650 target. At AMD’s 1.63 billion shares outstanding, that target implies roughly $302 billion of value above the current quote.
| Q2 result | Reading |
|---|---|
| Revenue | $11.54B |
| GAAP operating income | $1.99B |
| GAAP net margin | 19.91% |
| Adjusted EPS | $1.66 |
Q3 guide About $13.0B, ±$300M. The midpoint implies roughly 12.7% sequential growth.
Helios Rack-scale deployments need to convert announced demand into revenue and margin.
Watch AI spending, export rules, supply, pricing and NVIDIA competition.
Arm's premium amplifies sensitivity to growth misses and higher bond yields.
Total revenue
| View | Target | vs. close |
|---|---|---|
| Morgan Stanley · Equal Weight | $465 | -0.3% |
| D.A. Davidson · Buy | $550 | +17.9% |
| Consensus · Strong Buy | $608 | +30.4% |
| Rosenblatt · Buy | $700 | +50.1% |
The full published range spans $365 to $1,250 across 51 analysts.
| Holding | Analyst | Call | Target | Date |
|---|---|---|---|---|
| Nvidia | Ruben Roy · Stifel | Buy | $282 | Aug. 19 |
| Broadcom | Atif Malik · Citi | Buy | $500 | Aug. 19 |
| TSMC | Haas Liu · BofA | Buy | — | Aug. 18 |
| Micron | Timothy Arcuri · UBS | Buy | $1,625 | Aug. 18 |
| Marvell | Tore Svanberg · Stifel | Buy | $350 | Aug. 18 |
