Business

Market Analysts See AMD as a Key Player in AI Chip Market

Updated 2026-06-12 16:25 UTC 1 source Neutral

A Citi analyst believes Wall Street is underestimating the potential of AMD’s AI chips, predicting significant growth for the company beyond its traditional CPU market.

Coverage timeline — 1 article

MarketWatch

AMD is seen as a CPU stock — but it’s gaining ground here, too

Wall Street is underestimating how much Meta will spend on AMD’s AI chips, a Citi analyst said.

2026-06-12 16:04 UTC