AMD's annual flagship AI conference approaches, UBS says CPU/GPU technology roadmap will be a major focus and raises target price to $700
According to Odaily, AMD’s annual flagship AI conference “Advancing AI 2026” will be held in San Francisco, USA, from July 22 to 23 local time. UBS released a preview report stating that this event may focus more on showcasing technology rather than announcing customer or financial information. It is expected that AMD will announce the latest progress of its data center CPU (including Venice and Verano) and GPU (MI450x and MI500) technology roadmap; updates on embedded and gaming graphics card businesses will also be provided simultaneously. UBS maintains its “Buy” rating for AMD, raising the target price from $670 to $700.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CNY: How to resolve the dilemma between bulls and bears?
Rare in 25 years! The 10-year U.S. Treasury yield surpasses the S&P 500 earnings yield
The 10-year US Treasury yield has surpassed 5%, making bonds more attractive relative to stocks than at any point in the past 25 years. The earnings yield of stocks, as measured by the inverse of the S&P 500’s price-to-earnings ratio, is now lower than the 10-year US Treasury yield, resulting in a clear yield suppression effect on the stock market from bonds. According to the Shiller model, the S&P 500 may outperform bonds by only about 1% annually over the next decade. The 20-year paradigm of stocks outperforming bonds has officially come to an end.
Iron ore retreats, copper takes the lead: Australian mining stocks find a new growth story
Analysts state that the rapid growth in copper demand driven by power infrastructure and artificial intelligence (AI) provides a new rationale for investors to allocate to the mining sector. Australian mining stocks are expected to continue their upward trend.
Crypto prices
More
