AMD Holds Flagship AI Conference July 22-23; UBS Raises Price Target to $700 from $670

AMD7.59%
According to UBS, AMD will hold its annual "Advancing AI 2026" conference on July 22-23 in San Francisco. The investment bank expects the event to focus on demonstrating technology rather than disclosing new customer or financial details. UBS anticipates AMD will present latest developments on datacenter CPU (Venice, Verano) and GPU (MI450x, MI500) technology roadmaps. UBS maintained its buy rating and raised AMD's price target from $670 to $700.
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