AITechnology

AMD Shares Projected for 30% Surge Following New AI Hardware Platform Reveal

Advanced Micro Devices shares could rally nearly 30% according to revised Bank of America projections. The optimism follows AMD’s demonstration of its fully functional Helios AI hardware platform at the 2025 Open Compute Project summit, with industry giants including Meta and OpenAI expected to support the technology.

AMD Receives Significant Price Target Boost

Bank of America has reportedly increased its price target for Advanced Micro Devices shares to $300, up from $250, according to recent analysis. The revised forecast suggests potential upside of approximately 28% from the stock’s recent closing price, with analysts maintaining their buy rating on the semiconductor company.