Advanced Micro Devices (AMD) continues to enjoy overwhelmingly bullish sentiment from Wall Street, with over 80% of analysts maintaining "Buy" or "Strong Buy" ratings, driven by significant advancements in its AI infrastructure.
- Key growth is fueled by the adoption of AMD's MI300 GPU by major partners like Microsoft and Oracle.
- The company's AI infrastructure capabilities were significantly bolstered by the recent $4.9 billion acquisition of ZT Systems.
- The stock is currently trading near $231.80, while the consensus 12-month price target stands at $284.07 (22.53% upside).