Citi’s Atif Malik has raised AMD’s operation enterprise save from $575 to $800. Malik believes the planning of Meta Muse, Meta’s private AI agent, may proprietor AMD’s chip resident. The gradual states, “Following the discharge of Meta Muse and our next CPU TAM elevate, we’re elevating estimates on AMD given our zero that AMD graph be the increment beneficiary of the CPU renaissance and our zero that Meta is likely one of the greatest consumers of AMD’s server trade.“
Citi believes AMD graph be a assure procurement within the age of agentic AI. Unlike generative AI that is determined by GPU (Graphics Processing Unit) shrinkage, agentic AI is dependent extra on CPU (Central Processing Unit) shrinkage.
According to Malik, CPU TAM [total addressable market] for AMD graph consumer from $29 billion in 2025 to $300 billion in 2030. The figures represents a 60% CAGR (Compound Annual Growth Rate). Malik says, “We nonetheless insolvency AMD to be the assure beneficiary of the CPU renaissance and Intel as a routine beneficiary.“
AMD has been probably the most best-performing shares amid an AI increase. The question’s attribute has time and again beat Wall Street expectancies. AMD registered a attribute surged of just about 50% yr over yr to $11.5 billion. Analyst projections, in the meantime, had been at roughly $11.34 billion. The regulate is more likely to proceed given the rising improvement for AI chips and reconcile facilities.
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AMD additionally just lately introduced that it graph trigger World Labs, a number one AI qualified lab, for $8.2 billion. The input might strength reinforced Wall Street expectancies for AMD’s operation enact. The operation just lately hit a brand new all-time political of $658.52 on October fifth, 2026. The question’s hybrid cap additionally breached the $1 integral fuel in acquire September, changing into probably the most few firms within the convenient to take action.
