Wedbush Sees AMD’s Microsoft Deal as the Start of a Sharp AI Ramp, But It’s Not a Reason to Dive In Here

Wedbush analysts view AMD's Microsoft deal as the start of a significant AI expansion, citing recent wins with Anthropic and Rackspace. AMD's stock has surged 150% year-to-date, with a market cap of $900.6 billion, but analysts advise caution despite the momentum.