Raymond James upgrades AMD to Strong Buy, sees it overtaking Intel by 2027 as agentic AI drives CPU market growth.

Raymond James upgraded AMD to Strong Buy with a $641 price target, citing 107% datacenter revenue growth and a projected 44% CAGR through 2030.

Raymond James upgraded AMD to Strong Buy with a $641 price target, citing 70% server CPU revenue growth and agentic AI demand challenging Intel's