AMD revendique près de la moitié du marché des serveurs et vise 2.000 milliards

Goldman Sachs's The Goldman Sachs Group, Inc. ↘ 2.14% $640 price target on AMD Advanced Micro Devices, Inc. ↘ 2.29% remains in place following the chipmaker's Advancing AI 2026 event in San Francisco, where CEO Lisa Su laid out an expanded vision for the company's role in artificial intelligence infrastructure. The 12-month target, first raised from $450 on July 5 by analyst James Schneider, implies upside from recent trading levels and reflects growing confidence in AMD's competitive positioning against Nvidia ↘ 1.56% in the AI accelerator market.thestreet+2

AMD's Expanding Market Vision

At the Advancing AI keynote on Wednesday at the Moscone Center, Su raised AMD's projection for the total computing market to $2 trillion by 2030, with the AI accelerator segment alone expected to reach $1.4 trillion — a sharp increase from the company's prior $500 billion estimate for 2028. Su noted that 2026 would mark the first year in which more AI compute is devoted to inference than training, with roughly 60 percent of global AI computing capacity spent on reasoning.phemex+2

AMD also revealed it now controls 46 percent of the data center CPU revenue share, up from previous estimates, as it benefits from surging demand for high-performance processors driven by agentic AI workloads.wccftech+1

Strategic Partnerships Anchor the Thesis

Central to the bull case are AMD's newly announced partnerships with Anthropic and Microsoft ↘ 2.24%. AMD said it will invest up to $5 billion in Anthropic, which plans to deploy up to 2 gigawatts of AMD's MI450X GPUs in Helios rack-scale systems starting in 2027. The two companies will also collaborate on using Claude to optimize workloads for AMD's Instinct GPUs and ROCm development stack.constellationr

Microsoft, meanwhile, will deploy AMD's Helios racks in its Azure data centers to power frontier model AI inference, with shipments beginning in the second half of 2026. AMD's press release described Helios as combining its MI455X GPUs, EPYC processors, and networking into a single rack-scale solution.cnbc+1

Growing Analyst Consensus

Goldman's target sits above the Wall Street consensus of roughly $504, according to compiled analyst estimates, though several firms have raised their outlooks ahead of the event. Jefferies maintained a Buy rating with a $615 target, citing expectations for customer announcements and an enhanced CPU roadmap. AMD shares have gained sharply in 2026, with Goldman's July note characterizing a prior chip-sector selloff as a buying opportunity rather than the start of a downturn.public+3