After the release of the AMD Quarterly, the agency analyst was mixed and Mizuho reduced his target price

According to information received on 6 August, after the release of the quarterly AMD performance, institutional analysts generally remained constructive, although high expectations led to mixed market responses. Analysts agree that AMD ' s AI and data centre growth narratives remain complete. Wells Fargo gave the most optimistic update, raising its target price from $615 to $700 and suggesting that the return could well exceed its earlier estimate of $20 per share for 2029-2030. Jefferies increased the target price to $650 and maintained the buy-in rating, indicating that the long-term AI argument was moving forward as planned, although performance had not been up to expectations. Mizuho reduced the target price from $625 to $580, but maintained a large run-off rating, stating that the quarter was robust against a harsh background. JP Morgan substantially increased the target price from $385 to $550 while maintaining a neutral rating on the grounds that the September quarter guidelines were slightly lower than expected. Overall, analysts consider the expanding AI GPU and server operations of AMD to have significant scope for growth, with major disputes focusing on whether short-term implementation capacity will keep pace with increasingly radical expectations。