Bank of America Securities increased its price target for AMD to $300 from $250, maintaining a "Buy" rating for the stock. [4, 13] The updated target is attributed to improved deployment and ramp outlook for AMD's new products, bolstered by significant industry customers like Oracle, Meta, and OpenAI. [13] The firm's confidence follows positive announcements at the 2025 OCP Conference, where AMD showcased its MI450 Series "Helios" racks. [13] Concurrent with this analyst upgrade, AMD announced strategic collaborations at GITEX Global 2025 to accelerate AI adoption in the United Arab Emirates. The company partnered with UAE-based Kerno on a "Made in the Emirates" initiative to co-develop enterprise AI and cloud solutions for GCC markets [3], and with telecom leader e& UAE to drive AI deployment and digital transformation across the nation using AMD's portfolio, including EPYC CPUs and Instinct GPUs. [8]
AMD Price Target Raised to $300 by BofA Securities on Strong AI Momentum
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