CPU Demand Rapidly Rising Amid Expanding Agentic AI, Says Barclays, Raises PT On Advanced Micro (AMD) To $665
Key takeaways
- (NASDAQ:AMD) ranks among the best AI infrastructure stocks and carries an upside potential of 21.1%.
- (NASDAQ:AMD) remains closely tied to the expanding AI infrastructure buildout, with analysts becoming more constructive on that theme on June 1, 2026.
- Barclays analyst Tom O’Malley raised the firm’s price target on Advanced Micro Devices, Inc.
CPU Demand Rapidly Rising Amid Expanding Agentic AI, Says Barclays, Raises PT On Advanced Micro (AMD) To $665 Faheem Tahir Thu, June 4, 2026 at 11:11 PM GMT+7 2 min read AMD With strong hedge fund and Wall Street support, Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks among the best AI infrastructure stocks and carries an upside potential of 21.1%.
Advanced Micro Devices, Inc. (NASDAQ:AMD) remains closely tied to the expanding AI infrastructure buildout, with analysts becoming more constructive on that theme on June 1, 2026.
Barclays analyst Tom O’Malley raised the firm’s price target on Advanced Micro Devices, Inc. (NASDAQ:AMD) to $665 from $500 and maintained an “Overweight” rating. The firm said CPU-to-GPU ratios are narrowing as CPU demand reaches new levels in the rapidly expanding world of agentic AI. O’Malley argued that AMD is among the best-positioned companies to benefit from that shift.