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Nvidia Keeps Analyst Edge as AMD’s AI Ambitions Draw Upgrades and Lofty Targets

Investors weigh Nvidia’s entrenched leadership against AMD’s higher‑upside, execution‑dependent AI ramp.

Overview

  • Nvidia holds a stronger consensus from 52 analysts with an overall Buy rating, minimal holds or sells, and an average price target near $256 implying roughly 41.6% upside.
  • AMD carries a Moderate Buy from 42 analysts with 31 Buys and 11 Holds, an average target around $278–$281 suggesting about 35% upside, and views ranging from Stifel’s $280 Buy to Morgan Stanley’s Equal‑weight at $260.
  • AMD reported a record third quarter with about $9.2 billion in revenue and outlined an AI GPU and rack roadmap presented at its recent analyst day.
  • Recent commentary includes bullish upgrades that cite a reported 6GW OpenAI agreement expected to bolster long‑term data‑center revenues, though much of the projected ramp is back‑loaded.
  • Coverage highlights divergent risk profiles, noting Nvidia’s lower perceived execution risk versus AMD’s richer valuation, competitive and geopolitical uncertainties, and the need to prove share gains in AI infrastructure.