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Bank of America Sees AMD at $720 on CPU Demand. Anthropic’s $11.6 Billion Akamai Deal Is Part of Why
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- Published
- Sep 26, 2026, 1:17 PM UTC
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Key Stats for AMD StockCurrent Price: $630. 63Target Price (Mid): ~$2,390Street Target: ~$619Potential Total Return: ~279%Annualized IRR: ~37% / yearWhat Happened?Advanced Micro Devices (AMD) got a $100 target raise from Bank of America on September 24, and this time the case centered on server CPUs.