Cramer Urges Buy AMD After All-Time High, Analyst Targets Soar
Jim Cramer urged buying Advanced Micro Devices (AMD) after it hit an all-time high, riding 55% year-to-date and 57% monthly gains from AI data-center CPU demand. This builds on his April 25 regret over missing AMD and Intel amid agentic AI buzz, when AMD jumped 13.91%, Intel soared 23.60%, and NVIDIA rose 4.32%. Analyst upgrades like DA Davidson's $375 target (from $220) and Stifel's $320 (from $280) reinforce bullish momentum for AMD in the AI chip surge.