started · updated
Broadcom and AMD see analyst interest amid AI infrastructure boom
Wall Street analysts are providing mixed but generally optimistic outlooks for major semiconductor companies driving the artificial intelligence boom. Piper Sandler has upgraded Broadcom to a ‘strong-buy’ rating, reflecting confidence in the company’s role within AI infrastructure.
Advanced Micro Devices (AMD) has also seen significant growth, with its data center revenue rising 107% to $6.7 billion in the second quarter. Despite recent share price volatility and high price-to-earnings ratios, analysts suggest investors may be overlooking long-term opportunities in CPUs, which are increasingly utilized for efficient agentic tasks in data centers.
Entities
AMD · Advanced Micro Devices · Broadcom · Broadcom Inc. · ICONIQ Capital LLC · JPMorgan · Lam Research · Lisa Su · Piper Sandler · Rheinmetall AG · Wall Street
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] AMD's non-GAAP earnings increased 245% to $1.66 per share. www.fool.com
- [DISPUTED] AMD's total sales grew 50% to $11.5 billion in the second quarter of 2026. www.fool.com
- [DISPUTED] AMD's data center revenue increased 107% to $6.7 billion in the second quarter of 2026. www.fool.com
- [○ 1 SOURCE] ICONIQ Capital LLC reduced its stake in Broadcom by 97.9% during the second quarter.
- [○ 1 SOURCE] Analyst David O'Connor views Broadcom as a winner in the AI race due to its custom ASIC contracts.
- [○ 1 SOURCE] Piper Sandler issued an 'overweight' rating for Broadcom with a price target of $460.