Neha Gupta
Wed, May 13, 2026 astatine 12:20 PM CDT 2 min read
Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the champion AI stocks to bargain for 2026, according to billionaire David Tepper. On May 6, analysts astatine Goldman Sachs and Bernstein upgraded Advanced Micro Devices Inc. (NASDAQ:AMD) aft the institution delivered coagulated first-quarter results driven by accelerating request for AI infrastructure.
Goldman upgraded the banal to a Buy and astir doubled its terms people to $450 from $240. The concern slope upgraded the stock, impressed by the tailwinds to the server CPU concern astir agentic AI. According to expert James Schneider, AMD is staring astatine tremendous opportunities arsenic agentic AI proliferates crossed endeavor and user workloads.
Bernstein besides upgraded AMD to an Outperform from Market Perform and raised the terms people to $525 from $265. The probe steadfast expects AMD’s net to transcend $14 per stock successful 2027 and $20 per stock by 2028. In the archetypal quarter, the institution delivered $10.25 cardinal successful gross and net of $1.37 supra statement estimates of $9.9 cardinal and $1.28, respectively.
Advanced Micro Devices Inc. (NASDAQ:AMD) provides broad AI designed to accelerate AI grooming and inference. Its halfway AI strategy centers connected high-performance Instinct MI-series GPUs for information centers, EPYC CPUs for endeavor workloads, and Ryzen processors with integrated neural processing units (NPUs) for AI-powered PCs.
While we admit the imaginable of AMD arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 9 Best Green Energy Penny Stocks to Invest In and Top 10 Tech Stocks successful Louis Navellier’s Portfolio.
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