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AMD Stock Gets A Price Target Hike With Anthropic-Akamai Deal Strengthening CPU Case In Agentic AI, BofA Says
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- Sep 25, 2026, 12:44 PM UTC
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BofA said the Anthropic-Akamai infrastructure deal “further supports CPU importance in the agentic era.”
According to this banking giant, AMD stock is poised for a rally to $720; Here's when Advanced Micro Devices could hit the new target.
Advanced Micro Devices (AMD) shares rose in morning trade on Wednesday after the chipmaker unveiled a sweeping artificial intelligence partnership with Amazon (AMZN)-backed Anthropic that includes a planned strategic equity investment