AMD stock
On May 11, 2026, Goldman Sachs upgraded AMD to "Buy" and significantly raised its 12--month price target to $450 from $240. The firm's analysts identified "agentic AI"—autonomous software capable of executing complex workflows—as a primary driver for a structural increase in server CPU demand, which favors AMD's x86 architecture. Goldman projects that AMD's data center GPU shipments will grow 66% in 2026 and nearly double in 2027, identifying the company as a "compelling entry point" for investors as AI infrastructure requirements shift toward higher CPU compute for orchestration and task management.