Wedbush Raises AMD (AMD.US) Target Price to $600: AI Conference Reveals "End-to-End" Ambition, Profit Forecast for 2027 Surges by 20%

According to Jinse Finance, after AMD successfully held the "Advancing AI 2026" conference in San Francisco, Wall Street brokerage Wedbush Securities released a major research report on Monday, raising AMD (AMD.US) target price significantly from $450 to $600 and maintaining an "outperform" rating. Even more notably, Wedbush also sharply revised upward its performance expectations for AMD in 2026 and 2027 — raising its 2027 revenue forecast from $77.9 billion directly to $81.2 billion, and increasing earnings per share from $12.33 to $14.74.