Advanced Micro Devices Inc. (NASDAQ:AMD) is one of them 15 Best Stocks to Invest in According to Billionaires.
On February 25, DA Davidson maintained its neutral rating on Advanced Micro Devices Inc. (NASDAQ: AMD ) with a price target of $220. This leads to a probability of approximately 10% at current levels.
The iteration follows AMD’s announcement of a multi-year deal with Meta Platforms to buy more than $100B in AI computing capacity. DA Davidson sees the partnership as a constructive development for AMD’s broader technology ecosystem and software capabilities, especially as demand for AI infrastructure continues to strengthen.
On the same day, TD Cowen also maintained a buy rating on Advanced Micro Devices Inc. (NASDAQ: AMD ) with a price target of $290. The company pointed to AMD’s recently announced multi-year partnership with Meta, which includes 6 gigawatts of AI computing capacity to support Meta’s next-generation infrastructure. The agreement offers performance-based guarantees and customization components, similar to AMD’s previous arrangement with OpenAI.
Advanced Micro Devices Inc. (NASDAQ:AMD) is a multinational semiconductor company that designs high-performance computing, graphics processing units, and vision technologies. The company also offers AI accelerators, microprocessors, embedded processors, and SoC products. The business is organized into three segments: data center, consumer and gaming, and embedded.
While we acknowledge AMD’s potential as an investment, we believe some AI stocks offer higher potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.
Read more: 40 most popular stocks among hedge funds heading into 2026 and 12 oversold financial stocks to invest in according to hedge funds.
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