# Goldman Sachs upgrades AMD to buy, raises price target to $450, citing agentic AI tailwinds, stronger than expected Q1 and outlook.

*semiconductor · news · 2026-05-06 · CNBC TV18*

## Key points

- Goldman Sachs has upgraded AMD to a 'buy' rating, raising its price target to $450.
- Goldman Sachs projects AMD's server CPU revenue to reach $21.1 billion by 2027.
- The upgrade is attributed to stronger than expected Q1 results and positive outlook for AMD.
- Agentic AI is identified as a structural tailwind driving AMD's future growth potential.

**Companies:** Goldman Sachs, Advanced Micro Devices

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/amd-gets-a-big-upgrade-from-goldman-sachs-following-a-blowout-earnings-report-ws-l-19900183.htm)

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