Goldman Sachs comments on AMD (AMD.US) Q3 results: strong performance in data center CPUs and GPUs, clear growth visibility for 2027.

Zhitong Finance APP has learned that Goldman Sachs released a research report maintaining a "Buy" rating on AMD (AMD.US) with a 12-month target price of $675, 39.5% above the latest closing price. Goldman Sachs noted that AMD's third-quarter results and fourth-quarter guidance both exceeded market expectations, with data center server CPUs and GPUs strong in tandem, and management expects the company's overall revenue to grow more than 80% in 2027, with data center revenue growing more than 100%, despite continued headwinds in the PC market. Goldman Sachs said these growth targets have clear visibility.