William Blair Initiates Advanced Micro Devices (AMD) With Market Perform Rating
Yahoo Finance ·
William Blair Initiates Advanced Micro Devices (AMD) With Market Perform Rating Talha Qureshi Wed, July 15, 2026 at 10:58 AM EDT 1 min read AMD NVDA Advanced Micro Devices, Inc. (NASDAQ: AMD ) is one of the Best Stocks to Buy Now for High Returns . Recently, on July 9, William Blair initiated Advanced Micro Devices, Inc. (NASDAQ:AMD) with a Market Perform rating without any price targets. The firm noted AMD to be among the major beneficiaries of the AI infrastructure boom as it sees more advanced models and growing inference and agentic use cases. Blair expects the company's sales to grow from $52 billion in 2026 to over $104 billion in 2028 and non-GAAP EPS to reach $20 by 2028. Despite this optimistic outlook, the firm called the company's GPU business an uphill battle against Nvidia. The firm noted that while AMD is accelerating its product roadmap, competition from other hyperscalers is limiting meaningful gains for the shares. The firm noted that at 33 times 2027 earnings, the valuation of AMD properly balances strong AI demand against competitive and spending risks. Advanced Micro Devices Inc. (NASDAQ:AMD) is a leading semiconductor company specializing in high-performance computing and graphics solutions. Its broad product portfolio includes microprocessors, graphics processors, and system-on-chip (SoC) solutions designed for data centers, gaming, and embedded systems. While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: 10 Good Stocks to Invest in Now and 10 Most Undervalued US Stocks According to Hedge Funds . Disclosure: None. Follow Insider Monkey on Google News .
AI 시장 분석
William Blair initiated coverage on AMD with a Market Perform rating. While projecting revenue to grow from $52 billion in 2026 to $104 billion by 2028 with EPS reaching $20, the firm notes that intensifying competition with NVDA may limit upside potential. Investors should carefully balance AI infrastructure demand against competitive risks.
상승 영향
- AI — Rising demand for AI infrastructure supports a revenue forecast of $104 billion by 2028. The expansion of inference and agent models is expected to drive demand for high-performance computing, fueling earnings growth.
하락 영향
- Semiconductors — Intensifying GPU market competition with NVDA and the development of custom chips by hyperscalers limit AMD's market share expansion. Additionally, a valuation multiple of 33x remains a headwind for share price appreciation.
AI가 생성한 분석으로 투자 자문이 아닙니다.
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