On November 4, Goldman Sachs reaffirmed Chaowei Semiconductor's “buy” rating and maintained a target price of $700. The bank's analyst James Schneider believes that the strong performance of AMD's latest performance and forward-looking guidance is expected to drive the stock price to rise further. Previously, Intel issued weak performance guidelines, which had clearly lowered market expectations for the semiconductor industry, while AMD's data center business continued to be strong, gross margin performance exceeded expectations, and the operating expenses outlook was basically in line with expectations, providing support for stock prices. Goldman Sachs pointed out that investors will now focus on whether AMD's MI450 series AI chips can be expanded and deployed at major customers in the fourth quarter of 2027 as planned, and whether the server CPU business can continue to grow in 2027. In addition, gross margin trends and changes in PC market demand will also be important factors affecting AMD's future profit performance.

Zhitongcaijing · 1d ago
On November 4, Goldman Sachs reaffirmed Chaowei Semiconductor's “buy” rating and maintained a target price of $700. The bank's analyst James Schneider believes that the strong performance of AMD's latest performance and forward-looking guidance is expected to drive the stock price to rise further. Previously, Intel issued weak performance guidelines, which had clearly lowered market expectations for the semiconductor industry, while AMD's data center business continued to be strong, gross margin performance exceeded expectations, and the operating expenses outlook was basically in line with expectations, providing support for stock prices. Goldman Sachs pointed out that investors will now focus on whether AMD's MI450 series AI chips can be expanded and deployed at major customers in the fourth quarter of 2027 as planned, and whether the server CPU business can continue to grow in 2027. In addition, gross margin trends and changes in PC market demand will also be important factors affecting AMD's future profit performance.