Quick Read

• UBS analyst Timothy Arcuri raised AMD’s price target to $670 from $455, betting on standalone CPU rack adoption and agentic AI workload tailwinds.

• Meta Platforms committed up to 6 gigawatts of AMD Instinct GPUs while Oracle built a 50,000-GPU Helios supercluster, anchoring AMD’s loaded customer pipeline.

• AMD’s roughly 172x trailing P/E leaves little margin for error, and a prior $800 million export-control charge flags live China policy risk.

• Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and AMD didn’t make the cut. Grab the names FREE today.

Shares of Advanced Micro Devices (NASDAQ:AMD) traded near $521 midmorning Wednesday, roughly flat on the session after a prior…