Woofun AI reports that UBS has raised its price target for AMD from $670 to $700 while maintaining a "Buy" rating. The bank anticipates that the upcoming "Advancing AI 2026" conference in San Francisco will prioritize technology showcases over financial disclosures or customer announcements. UBS expects updates on data center CPU roadmaps, including Venice and Verano, as well as GPU developments for MI450x and MI500 series.