AMD Stock Surges 20%! Wedbush Boosts Price Target to $450 on AI CPU Growth AMD AI Stocks [itsL9OM34CA]
AMD (AMD) shares jumped 20% as Wall Street recognizes the CPU as a cornerstone of agentic AI. With server compute revenue up over 50% and a projected $120 billion CPU market by 2030, Wedbush has raised its price target to $450. AMD is proving to be a powerhouse in the next phase of the AI infrastructure build-out.