- Wells Fargo raised AMD price target to $615, citing stronger AI-driven server CPU demand. Server CPU revenue estimates: $16B (2026), $20.5B (2027), $25B (2028); EPS: $7.15, $13.40, $18.75.
- AMD plans 2nm 'Venice' server CPUs and Versal Premium Gen2 chips for robotics, aerospace, defense and industrial AI — developments boosting trader interest in AMD shares
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Key facts: Wells Fargo raises AMD target to $615; 2nm Venice CPUs
Wells Fargo raised AMD price target to $615, citing stronger AI-driven server CPU demand. Server CPU revenue estimates: $16B (2026), $20.5B (2027), $25B (2028); EPS: $7.15, $13.40,