I have added to my AMD position following Bank of America’s recent update. BofA lowered AMD’s price target to $260 from $300 but kept a Buy rating, highlighting the company’s strategic role in the AI-driven transformation of IT infrastructure. While near-term volatility may arise as markets evaluate AI returns and hyperscaler investments, AMD is well-positioned to benefit from the expansion of AI factories and large language model development. This long-term growth potential reinforces my confidence in AMD as a core holding in my portfolio.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Open | 224.20 0 | +0.01% Holding |
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