Why This AMD Analyst Thinks The Chipmaker Can Better Compete With Frontrunner Nvidia In AI Infrastructure Market; Stock ‘A Strong Investment Opportunity’

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Advanced Micro Devices, Inc. (NASDAQ:AMD) shares received a bullish recommendation from an analyst at Roth MKM, with the optimism premised on the company’s differentiated portfolio. The AMD Analyst: Suji DeSilva initiated coverage of AMD stock with a Buy rating and a $125 price target, which suggests a roughly 9% upside from current levels. The AMD Thesis: AMD’s differentiated portfolio of high-performance compute/networking processors, and accelerators represents a strong investment opportunity, said DeSilva in a note. The analyst said that the Santa Clara, California-based company has gained…

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