UBS Raises Advanced Micro Devices (AMD) PT to $210 on Strong PC, Server Performance

Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the best performing semiconductor stocks to buy now. On July 28, UBS raised its price target for AMD to $210 from $150, while maintaining a Buy rating on the shares. The firm expects AMD’s Q2 results to show an upside bias due to strong performance in its PC and server segments.

In Q1 2025, AMD announced $7.4 billion in revenue, which was a 36% increase year-over-year. Dr. Lisa Su, AMD’s Chair and CEO, highlighted the outstanding start to 2025 and noted that year-over-year growth accelerated for the fourth consecutive quarter, fueled by strong core businesses and growing data center and AI momentum.

The Data Center segment made a revenue of $3.7 billion, which was up 57% increase due to sales of AMD EPYC CPU and AMD Instinct GPU. The Client and Gaming segment made $2.9 billion in revenue, which was up 28%.

Advanced Micro Devices Inc. (NASDAQ:AMD) is a semiconductor company that operates through three segments: Data Center, Client and Gaming, and Embedded.

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Disclosure: None. This article is originally published at Insider Monkey.