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Argus

Argus

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Nov 04, 2026

Advanced Micro Devices, Inc.: Accelerating AI momentum

Symbols

AMD

Sector(s)

Technology

Rating

Earnings Estimate

Current Price

$488.78

Price Target

Summary

Advanced Micro Devices is the number-two player in x86-based microprocessors behind Intel, and with the 2008 acquisition of ATI Technologies Inc., a top player in graphic processors. It now competes with Nvidia in the GPU space for AI applications. In 2021, AMD acquired Xilinx,

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Analyst Profile

James Kelleher, CFA

Director of Research & Senior Analyst Technology

Jim has worked in the financial services industry for over 25 years and joined Argus in 1993. He is director of research at Argus and a member of the Investment Policy Committee. Jim has been instrumental in building Argus' proprietary valuation models, which are a key part of the proprietary Argus Six-Point Rating System. He also oversees Argus' technical analysis products; writes the Portfolio Selector report and other publications; and manages several Argus model portfolios. As a Senior Analyst, Jim covers Communications Equipment, Semiconductors, Information Processing and Electronic Manufacturing Services companies. he is a CFA charter-holder, and is a three-time winner in The Wall Street Journal's "Best on the Street" All-Star Analyst Survey. In July 2010, McGraw-Hill Professional published Jim's book, "Equity Valuation for Analysts & Investors." The book, a single-volume treatment of financial modeling and valuation process, introduces the Argus proprietary valuation methodology known as Peer Derived Value.

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