Key insights
- An analyst expresses bullish sentiment on AMD, citing increased CPU market share, GPU execution, and a favorable CPU-to-GPU demand shift. They anticipate long-term growth with a target price of $650+, but express short-term uncertainty due to upcoming earnings. A potential Meta crash is seen as a buying opportunity.
AMD
Caught this mf at $200 a share recently, pretty sure I shilled it on reddit while nvidia bulls called it rubbish lol. With the clarity on CPU demand from Intel's ceo calling for a huge change in the CPU to GPU ratio, the upside has increased even more. Not only are they increasing/capturing share in the CPU market and also having the demand tailwind, they are executing on the GPU front also. For anyone trying to enter or take a position in AMD hold for the moment, short term doesn't seem compelling but longer term I can honestly say im confident in a 650+ share price down the line. Earnings this week has me Shakey, hopefully META crashes and I get my buy in! Let me know how y'all are approaching next week.