AMD Stock Gains Momentum As UBS Eyes 54% Upside On AI Megadeals

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Advanced Micro Devices (AMD) is showing strong momentum, with its stock rising in Benzinga Edge’s rankings. UBS maintains a bullish $310 price target, predicting a 54% upside due to AI megadeals and strength in its CPU business. The company is expected to see significant catalysts in the second half of 2026 with MI450 shipments to OpenAI and Meta, and potentially a “third GW-scale customer” like Microsoft.

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