Advanced Micro Devices Inc (NASDAQ:AMD) stock trended on Monday amid a high-level meeting in Beijing with CEO Lisa Su.AMD Signals Commitment To ChinaChina's Vice Premier He Lifeng met with Su at the Great Hall of the People in Beijing, according to Xinhua via Odaily.He pointed to last week's meeting between the heads of state of China and the U.S., saying the resulting economic and trade outcomes were "generally balanced and positive."Su said AMD is willing to keep expanding operations in China and increase investment there.Citi Turns More Bullish On AI CPU DemandCiti analyst Atif Malik raised his price forecast for AMD to $460 from $358, as the firm became more bullish on long-term server CPU demand driven by agentic artificial intelligence applications.Citi introduced a new server CPU total addressable market model projecting the sector could expand from $29.3 billion in 2025 to $131.5 billion by 2030, representing a 35% compound annual growth rate.Malik said agentic AI CPUs could become the fastest-growing segment, accounting for about 45% of the overall CPU market by 2030.Earnings & Analyst OutlookLooking further out, the next major catalyst for the stock arrives with the August 4, 2026 (estimated) earnings report.