Everyone Bought Nvidia for AI: Now AMD Could Win the $211 Billion CPU Race, Bank Of America Says
Bank of America lifts its AMD target to $720, arguing AI agents will drive server CPU sales to $211 billion by 2030. Nvidia and Intel stay Buy.
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RBC Capital analyst Rishi Jaluria reiterates Akamai Technologies (NASDAQ:AKAM) with a Sector Perform and maintains $135 price target.
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Bank of America lifts its AMD target to $720, arguing AI agents will drive server CPU sales to $211 billion by 2030. Nvidia and Intel stay Buy.
TD Cowen analyst Michael Elias maintains Akamai Technologies (NASDAQ:AKAM) with a Hold and raises the price target from $140 to $149.
JP Morgan analyst Samik Chatterjee maintains Akamai Technologies (NASDAQ:AKAM) with a Neutral and raises the price target from $158 to $167.