AMD Partners with TCS to Accelerate AI Adoption
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 15 Jan 26
Advanced Micro Devices Inc (AMD) reached a 20-day high, gaining 4.66% in regular trading, as the company announced a strategic partnership with Tata Consultancy Services (TCS) aimed at co-developing AI solutions.
The collaboration will leverage TCS's domain expertise and AMD's high-performance computing capabilities to enhance enterprise-scale AI adoption. The partnership includes a joint investment in talent development to upskill associates on AMD technologies, ensuring effective utilization of AI in various sectors such as life sciences and manufacturing.
This strategic move positions AMD to capitalize on the growing demand for AI technologies, potentially driving further growth and innovation in the semiconductor industry.
Analyst Views on AMD
Wall Street analysts forecast AMD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMD is 284.10 USD with a low forecast of 200.00 USD and a high forecast of 377.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
36 Analyst Rating
27 Buy
9 Hold
0 Sell
Strong Buy
Current: 251.310
Low
200.00
Averages
284.10
High
377.00
Current: 251.310
Low
200.00
Averages
284.10
High
377.00
About AMD
Advanced Micro Devices, Inc. is a global semiconductor company. The Company is focused on high-performance computing, graphics and visualization technologies. Its segments include Data Center, Client and Gaming, and Embedded. Data Center segment includes artificial intelligence (AI) accelerators, microprocessors (CPUs) for servers, graphics processing units (GPUs), accelerated processing units (APUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), smart network interface Cards (SmartNICs) and Adaptive system-on-Chip (SoC) products for data centers. Client and Gaming segment includes CPUs, APUs, chipsets for desktops and notebooks, discrete GPUs, and semi-custom SoC products and development services. Embedded segment includes embedded CPUs, GPUs, APUs, FPGAs, system on modules (SOMs), and Adaptive SoC products. It markets and sells its products under the AMD trademark. Its products include AMD EPYC, AMD Ryzen, AMD Ryzen PRO, Virtex UltraScale+, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
