Woofun AI reports that UBS increased AMD’s price target from $700 to $730 while maintaining a "Buy" rating. The bank projects earnings per share of $19 in 2027 and $27.57 in 2028, exceeding Wall Street consensus estimates of $19 for 2028.

UBS attributes this outlook to server CPU growth and gross margins roughly 10 percentage points above average, creating a "margin protection umbrella" for the 2027 MI500 launch. Anticipating supply improvements following TSMC’s capital expenditure increases, UBS forecasts server CPU revenue of $35 billion in 2027 and potentially $60 billion in 2028, alongside $44 billion in data center GPU revenue for 2027.