Goldman Sachs comments on AMD (AMD.US) Q3 performance: Data center CPU and GPU show strong results, clear growth visibility through 2027

Smart Finance APP has learned that Goldman Sachs has released a research report, maintaining its "Buy" rating on AMD (AMD.US) with a 12-month target price of $675, which is 39.5% higher than the latest closing price. Goldman Sachs pointed out that AMD's Q3 performance and Q4 guidance both exceeded market expectations, with data center server CPUs and GPUs showing simultaneous strength. Management expects the company's overall revenue to grow by more than 80% and data center revenue to grow by more than 100% by 2027, despite headwinds in the PC market. Goldman Sachs says these growth targets have clear visibility.