Securing a major order in the Middle East, Mizuho quickly raises the target prices for AMD and Super Micro Computer
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Mizuho Securities raised the target prices for AMD and Super Micro Computer, primarily based on the significant cooperation agreements reached by the two companies in the Middle East. The target price for AMD was raised from $117 to $135, while the target price for Super Micro Computer was increased from $30 to $40. Analysts pointed out that AMD signed a $10 billion agreement with HUMAIN, and Super Micro Computer reached a $20 billion cooperation with DataVolt, which is expected to bring significant performance improvements for both companies
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