AMD Stock Price Prediction: Record earnings, but the stock is stretched and buyers need to prove it
AI-generated summary AMD reported third-quarter revenue of $13.4 billion and non-GAAP earnings per share of $2.09, while Lisa Su stated that data center sales nearly doubled year over year. Oppenheimer upgraded AMD to outperform from perform with a $600 price target, stating that it sees the company emerging as a durable supplier of AI compute.