# Cantor Fitzgerald Ramps Up AMD Price Target | Raleigh News

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Podcast: [Raleigh News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/raleigh-news-today-2-min-news-the-daily-news-now-7564076)
Published: 2026-07-05T20:57:49+00:00
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Duration seconds: 127

## Resource

Cantor Fitzgerald just slapped a jaw-dropping $700 price target on AMD, calling it the top computing stock even above Nvidia and Broadcom — a potential 34% pop from current levels. Despite a recent 7% dip after Meta’s rumored AI compute resale plans, the firm’s top analyst, ranked 7 out of 12K, remains bullish, citing unstoppable momentum. UBS and Wells Fargo echo the optimism with $670 and $615 targets, respectively, highlighting AMD’s server CPUs and AI accelerators as growth engines. Q1 revenue hit $10.3B, with data centers alone soaring 57% to $5.8B — now over half of total sales. CEO confirms AI-driven demand is exploding. Yet Wall Street’s average target sits at just $509, with some as low as $250, as skepticism lingers over valuation and competition — but AI demand still outpaces supply. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/391a0d6da716f409

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