AMD Rides Muse Hype to New Heights

AMD Rides Muse Hype to New Heights

Muse has done nothing but inspire AMD’s stock. Shares of the chipmaker are up nearly 30% since Meta launched its instantly popular Muse AI agent on September 8, a rally that has catapulted AMD into the $1 trillion market cap club. So how much higher can AMD fly? Plenty, according to a report out yesterday from Citi analyst Atif Malik. Connect the Dots That tracks with comments CEO Lisa Su gave to a gaggle of reporters in Taipei also on Tuesday; …

AMD rises as Citi ups price target as firm sees CPU market hitting $300B by 2030 (AMD:NASDAQ)

AMD stock jumps after Citi raises its price target and forecasts a $300B CPU market by 2030.

AMD Stock Soars as Meta’s AI Agent Fuels Chip Demand

TLDR Citi analyst Atif Malik raised his AMD price target to $800 from $575 and kept a Buy rating. The new target implies a possible 27% rise from Monday’s closing price. Malik’s bullish call is tied to Meta’s reliance on AMD chips and the growth of agentic AI tools like Muse. AMD stock rose about...

Why Citi now thinks AMD stock could rip another 25% because of Meta Muse

AMD shares have more record highs in their future, says Citi. Citi analyst Atif Malik raised his price target on AMD to $800 from $575 on Tuesday. Shares rose 1% in premarket trading and look set to open at another record high. "Following the release of Meta (META) Muse and our subsequent CPU TAM…