--- title: "Citi lifts AMD target to $460 on soaring CPU market outlook" type: "News" locale: "en" url: "https://longbridge.com/en/news/286796599.md" description: "Citi raised AMD's price target to $460, anticipating a 35% annual growth in the CPU market through 2030. Analysts project AMD will capture 34% of the CPU market, bolstered by strong positions in AI and agentic CPUs. Key growth drivers include upcoming AI products, data center expansion, and strategic investments like Marvell." datetime: "2026-05-18T16:01:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286796599.md) - [en](https://longbridge.com/en/news/286796599.md) - [zh-HK](https://longbridge.com/zh-HK/news/286796599.md) --- # Citi lifts AMD target to $460 on soaring CPU market outlook Major target hike: Citi boosted AMD's price target to $460, citing a projected 35% annual growth in the CPU market through 2030. Market share outlook: Analysts expect AMD to secure 34% of the CPU market by 2030, with strong positions in AI and agentic CPUs. Growth drivers ahead: Upcoming AI products, data center expansion, and strategic investments like Marvell are seen as key to AMD's growth. ### Related Stocks - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [AMUU.US](https://longbridge.com/en/quote/AMUU.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [VGT.US](https://longbridge.com/en/quote/VGT.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [MRVL.US](https://longbridge.com/en/quote/MRVL.US.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) ## Related News & Research - [AMD set to benefit from agentic AI CPU demand surge](https://longbridge.com/en/news/286655054.md) - [BUZZ-Citigroup sees server CPU market reaching $132 billion by 2030, Intel to lead](https://longbridge.com/en/news/286771641.md) - [Intel Is Supposed to Be in a New CPU Era But Its Losing Market Share to AMD and Arm](https://longbridge.com/en/news/286646639.md) - [Advanced Micro Devices, Inc. $AMD Shares Acquired by WealthPlan Investment Management LLC](https://longbridge.com/en/news/286762044.md) - [ASMedia lands new ASIC client](https://longbridge.com/en/news/286290571.md)