AMD is expected to double its share price due to its improved AI computing market position and expansion of CPU and GPU market share

According to Investing.com and The Motley Fool, analysts are optimistic that AMD's stock price may double in the next year. Rosenblatt set AMD's stock price target at $250 and gave it a "buy" investment rating, citing the expansion of its CPU and GPU market share that could drive its stock price higher. Rosenblatt forecasts AMD's earnings per share will reach $10 by fiscal 2026, resulting in a price target of $250 based on a price-to-earnings ratio of 25 times. Rosenblatt also believes that AMD's Epyc CPU servers and data centers have strong prospects, and that ultra-large-scale data centers using M1350 and M1400 GPUs are also expected to grow significantly.