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Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 10 Best American Tech Stocks to Buy. On April 29, Deutsche Bank reaffirmed its Hold rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) with a price target of $250. The research firm expects the company to report strong results for the first quarter and provide solid guidance for the second quarter of fiscal 2026.
Deutsche Bank analyst Ross Seymore said that investors will be paying close attention to Advanced Micro Devices, Inc.’s (NASDAQ:AMD) EPYC server CPU performance, especially because of the recent momentum in the data center compute space. The research firm estimates that the company’s EPYC segment will grow 10% quarter-over-quarter in both the first and second quarters. However, Deutsche Bank also noted that supply constraints are likely to be the main factor limiting growth in the company’s CPU business.
For Advanced Micro Devices, Inc.’s (NASDAQ:AMD) Instinct data center GPU segment, Deutsche Bank expects steady performance in the first half of 2026, with revenues of around $2.6 billion per quarter. The firm expects growth to speed up to 30% in the third quarter and then 75% in the fourth quarter. Deutsche Bank forecasts this segment will reach $6.2 billion in the fourth quarter and total $15 billion for the full year.
It expects the company to keep its gross margins over 55% through the first three quarters, before a mix-driven fall to 54.5% in the fourth quarter.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company that manufactures GPUs, microprocessors, and high-performance computing solutions and serves a number of high-growth industries like gaming, data centers, and AI.
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