A Wall Street analyst on Friday upgraded AMD stock to buy from neutral, saying its GPU business is undervalued.

AMD stock continues to rally in premarket trading as Citi and BofA lift price targets on massive AI growth. Get the technical layout.

A Wall Street analyst on Friday upgraded AMD stock to buy from neutral, saying its GPU business is undervalued.

Citi upgrades AMD to Buy with a $575 price target, projecting the CPU market will grow from $29.3B to $131.5B by 2030 driven by agentic AI demand.

The AI boom has turned Micron (MU) and Advanced Micro Devices (AMD) into the most-watched chip stocks of 2026. Each belongs to a different corne...