AMD's $600 Price Target Is Really a Bet on the Economics of Helios
Piper Sandler initiated AMD at Overweight with a $600 target. GMR examines the AI infrastructure assumptions behind the bullish AMD call.
AMD supplies data-centre CPUs and the Instinct accelerator line, positioning itself as the principal alternative supplier of AI training and inference silicon. Founded in 1969 and headquartered in Santa Clara, California, Advanced Micro Devices, Inc. employs approximately 31,000 people.
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Piper Sandler initiated AMD at Overweight with a $600 target. GMR examines the AI infrastructure assumptions behind the bullish AMD call.
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