Woofun AI reports that Baird has doubled its price target for Advanced Micro Devices (AMD) from $625 to $1,250 while maintaining an "Outperform" rating. This adjustment reflects robust growth expectations for AMD's AI GPU and AI CPU platforms. The firm projects AMD will capture 15% of the AI GPU market, generating $147 billion in revenue by 2030.

Additionally, AMD's Helios rack-level solution has entered full-scale production, with the Helios 500 unveiled ahead of schedule.