UBS Keeps Buy Rating on AMD After AI Event

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 10 Best American Semiconductor Stocks to Buy Now. On June 13, UBS kept its “Buy” rating with a price target of $150 for Advanced Micro Devices, Inc. (NASDAQ:AMD) after the company’s AI event. The firm noted that the event met expectations. UBS analysts also highlighted Amazon as a new customer and a surprise appearance at the event by OpenAI’s CEO, Sam Altman.

The event focused on AMD’s MI355X chip launch and Advanced Micro Devices, Inc. (NASDAQ:AMD) also confirmed that a version of the MI400 chip will be released by mid-2026. The company highlighted the size and rapid growth of the inference market, which UBS believes is in line with AMD’s structural advantages in HBM memory bandwidth. These advantages will benefit the company’s MI400 rack-scale product, called Helios, which will have 1.5 times more HBM4 capacity and bandwidth than NVIDIA’s Vera Rubin “Oberon” system. According to UBS, both of these products are expected to launch around the same time.

Advanced Micro Devices, Inc. (NASDAQ:AMD) chose to use Ethernet to scale up inside the rack for Helios. UBS sees this as a positive for Broadcom.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company that is known for its graphics processing units (GPUs), microprocessors, and high-performance computing solutions. The company serves a range of high-growth industries like gaming, data centers, and AI.

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