{"id":7856,"date":"2025-06-23T11:29:14","date_gmt":"2025-06-23T11:29:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/7856\/"},"modified":"2025-06-23T11:29:14","modified_gmt":"2025-06-23T11:29:14","slug":"melius-upgrades-this-ai-play-says-shares-can-surge-more-than-35","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/7856\/","title":{"rendered":"Melius upgrades this AI play, says shares can surge more than 35%"},"content":{"rendered":"<p>Melius Research sees more room for Advanced Micro Devices to run. Analyst Ben Reitzes upgraded shares of the artificial intelligence play to buy and hiked his price target by $65 to $175. Reitzes&#8217; price target suggests the stock can surge 36.5%. &#8220;Many things have changed for the better since the beginning of the year,&#8221; Reitzes wrote to clients in a Monday note. &#8220;If we are right, the stock has a lot more to go, despite missing the initial move off the bottom.&#8221; AMD shares have rallied more than 24% in the second quarter. Reitzes said the surge has been driven by investors starting to price in bigger number tied to graphics processing units for 2026 to 2028. That&#8217;s because of growth in inferencing, which the analyst said has been much bigger of a business than initially expected. Investment interest from hyperscalers and sovereigns also bodes well, Reitzes said. &#8220;We have increased conviction that investors will gain more confidence in GPU momentum over the next year, which means we could be just in the middle of a historic run in the stock,&#8221; he said. To be sure, Reitzes said the stock is considered very volatile. As evidence of this, he mentioned that shares rallied to more than $200 last year only to fall below $100 in 2025. AMD 1Y mountain AMD, 1-year AMD shares rose around 1% in Monday&#8217;s premarket following the upgrade.<\/p>\n","protected":false},"excerpt":{"rendered":"Melius Research sees more room for Advanced Micro Devices to run. Analyst Ben Reitzes upgraded shares of the&hellip;\n","protected":false},"author":3,"featured_media":7857,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[9203,691,738,81,3346,145,134,158,67,132,68],"class_list":{"0":"post-7856","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-advanced-micro-devices-inc","9":"tag-ai","10":"tag-artificial-intelligence","11":"tag-business-news","12":"tag-investment-strategy","13":"tag-sp-500-index","14":"tag-stock-markets","15":"tag-technology","16":"tag-united-states","17":"tag-unitedstates","18":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114732450639799164","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/7856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=7856"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/7856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/7857"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=7856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=7856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=7856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}