Fri Jun 20 14:00:00 UTC 2025: **FOR IMMEDIATE RELEASE**

**AMD Gains Wall Street Favor as AI Stock with Promising GPU Growth**

**Sunnyvale, CA – [Date, Today’s Date]** – Advanced Micro Devices, Inc. (NASDAQ:AMD) is attracting significant attention from Wall Street as a key player in the artificial intelligence (AI) sector. Piper Sandler analyst Harsh Kumar has raised the price target on AMD stock to $140.00, up from $125.00, while maintaining an “Overweight” rating, indicating strong confidence in the company’s growth potential.

The firm’s optimistic outlook is fueled by the growing strength of AMD’s graphics processing unit (GPU) segment and its ability to drive strong results. Piper Sandler highlighted the potential of AMD’s latest product launches, including the new Helios rack system, which is expected to significantly boost growth in the company’s Instinct AI accelerator business. This follows AMD’s recent unveiling of its new MI350 AI chips and a preview of the upcoming MI400 series, indicating a strong commitment to AI innovation.

In addition to AI advancements, Kumar noted positive signs in AMD’s client business segment, with customers placing orders earlier than expected. Furthermore, he predicts a revival in AMD’s GPU business by the fourth quarter of Fiscal 2025, once China-related issues are resolved.

Analysts believe that investors are increasingly confident in AMD’s strategic direction and its upcoming AI product lineup. The revised forecast from Piper Sandler suggests the company is well-positioned to maintain its position in the highly competitive semiconductor market.

Advanced Micro Devices, Inc. develops and sells semiconductors, processors, and GPUs for various applications, including data centers, gaming, AI, and embedded systems.

**[Optional: A brief disclaimer or statement about alternative AI investment opportunities]**

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