<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/amd-stock-1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1536" height="1024" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/amd-stock-1.png"/></p>
<p>超微半导体（AMD）股票在周四大幅上涨，表现优于更广泛的半导体行业，此前富国银行发布了看涨的评级，并且主要制造合作伙伴台湾半导体制造公司（TSMC）强劲的财报增强了对人工智能驱动的芯片需求的信心。</p>
<p>AMD 的股票在周四交易中上涨超过 6%，受到富国银行决定将该芯片制造商列为 2026 年顶级股票推荐之一的提振。</p>
<p>该股票还受益于半导体公司普遍反弹，因 TSMC 公布的第四季度业绩超出市场预期，而 TSMC 是 AMD 的主要合同制造商。</p>
<h2>TSMC 业绩提振半导体行业</h2>
<p>在 TSMC 报告了超出预期的 2023 年 10 月至 12 月季度业绩并提出了积极的投资计划后，半导体行业获得了提振。</p>
<p>全球最大的合同芯片制造商表示，净收入同比增长 35%，这是其连续第八个季度实现同比利润增长。</p>
<p>该季度的收入增长 20.5%，首次超过新台币 1 万亿。</p>
<p>展望未来，TSMC 表示预计今年的资本支出将在 520 亿美元至 560 亿美元之间。</p>
<p>TSMC 补充说，计划支出的约 10% 至 20% 将用于先进封装技术。</p>
<p>这一领域已成为行业的关键瓶颈，特别是对于构建复杂 AI 系统的客户，这些系统需要复杂的芯片集成。</p>
<p>虽然 Nvidia 是先进封装能力最明显的受益者，但这一投资也支持 AMD 不断扩展的数据中心处理器和加速器组合。</p>
<p>TSMC 的强劲前景帮助提升了整个芯片行业的股票，增强了人们对需求在更广泛市场波动中依然强劲的乐观情绪。</p>
<h2>富国银行重申对 AMD 股票的看好</h2>
<p>富国银行重申对 AMD 股票的超配评级，并维持 345 美元的目标价，意味着该股票从最近约 237.60 美元的交易水平上升约 45% 的空间。</p>
<p>分析师 Aaron Rakers 指出，AMD 在中央处理器领域的领导地位以及在数据中心图形处理器市场份额的持续增长是看涨论点的核心支柱。</p>
<p>他指出公司的 Helios 系统战略和以 AI 为中心的产品路线图，使 AMD 能够受益于到 2026 年强劲的数据中心需求。</p>
<p>富国银行强调了 AMD 在 CPU 方面的执行力，以及其在人工智能工作负载中所描述的增强势头。</p>
<p>该公司表示，AMD 的路线图与其所称的 “无法满足的数据中心计算需求” 相一致，预计这种需求将在未来几年持续。</p>
<p>尽管富国银行看到显著的上行空间，但该股票的估值反映了较高的预期。</p>
<p>分析师指出，AMD 约 116 倍的市盈率表明，投资者已经在定价显著的长期增长。</p>
<p>富国银行表示，如果 AMD 继续成功执行其 AI 和数据中心战略，预计到 2029 年每股收益可能超过 20 美元，尽管承认短期收益仍远低于该水平。</p>
<h2>RBC 对 AMD 股票采取更谨慎的态度</h2>
<p>并非所有分析师都持乐观态度。本周早些时候，RBC 资本市场对 AMD 股票启动了覆盖，给予行业表现评级和 230 美元的目标价，与该股票当前约 223.50 美元的交易价格紧密相关。</p>
<p>RBC 承认，AMD 在 AI GPU 市场上取得了显著进展，特别是在主要超大规模数据中心。</p>
<p>该公司强调 AMD 与 OpenAI 的近期合作，使其成为千兆级 AI 项目的可信供应商。</p>
<p>管理层对初始 1 千兆瓦推出的信心反映在 RBC 的预测中。</p>
<p>然而，该公司警告称，AMD 的首个机架级设计 Helios 虽然前景良好，但存在与大型复杂系统部署相关的典型执行风险。</p>
<p>关于 AMD 股票今天上涨超过 6% 的文章：分析师为何认为未来有超过 40% 的上行空间，首次出现在 Invezz 上。</p>

富国银行

AMDL

<p>AMD 股票在富国银行发布看涨评级后上涨超过 6%，该行维持了 “增持” 评级，并设定了 345 美元的目标价，暗示潜在的 45% 上涨空间。这一上涨得到了 AMD 关键制造合作伙伴台积电强劲财报的支持，台积电报告净收入增长 35%。尽管富国银行对 AMD 的人工智能和数据中心战略持乐观态度，但 RBC 资本市场采取了更为谨慎的态度，启动覆盖并给予 “行业表现” 评级，目标价为 230 美元，指出 AMD 新项目的执行风险</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/amd-stock-1.png" alt="" original-src="https://invezz.com/wp-content/uploads/2026/01/amd-stock-1.png"/></p>
<p>Advanced Micro Devices (AMD) stock rose sharply on Thursday, outperforming the broader semiconductor sector after a bullish call from Wells Fargo, and strong earnings from key manufacturing partner Taiwan Semiconductor Manufacturing Company reinforced confidence in artificial-intelligence-driven chip demand.</p>
<div class="lb-trans"><p>超微半导体（AMD）股票在周四大幅上涨，表现优于更广泛的半导体行业，此前富国银行发布了看涨的评级，并且主要制造合作伙伴台湾半导体制造公司（TSMC）强劲的财报增强了对人工智能驱动的芯片需求的信心。</p>
</div><p>AMD shares climbed more than 6% in Thursday trading, buoyed by Wells Fargo’s decision to maintain the chipmaker as one of its top stock picks for 2026.</p>
<div class="lb-trans"><p>AMD 的股票在周四交易中上涨超过 6%，受到富国银行决定将该芯片制造商列为 2026 年顶级股票推荐之一的提振。</p>
</div><p>The stock also benefited from a broad rally in semiconductor names following consensus-beating fourth-quarter earnings from TSMC, which is AMD’s primary contract manufacturer.</p>
<div class="lb-trans"><p>该股票还受益于半导体公司普遍反弹，因 TSMC 公布的第四季度业绩超出市场预期，而 TSMC 是 AMD 的主要合同制造商。</p>
</div><h2>TSMC results lift semiconductor sector</h2>
<div class="lb-trans"><h2>TSMC 业绩提振半导体行业</h2>
</div><p>The semiconductor sector received a boost after TSMC reported better-than-expected results for the October–December quarter and outlined an aggressive investment plan for the year ahead.</p>
<div class="lb-trans"><p>在 TSMC 报告了超出预期的 2023 年 10 月至 12 月季度业绩并提出了积极的投资计划后，半导体行业获得了提振。</p>
</div><p>The world’s largest contract chipmaker said net income rose 35% from a year earlier, marking its eighth consecutive quarter of year-on-year profit growth.</p>
<div class="lb-trans"><p>全球最大的合同芯片制造商表示，净收入同比增长 35%，这是其连续第八个季度实现同比利润增长。</p>
</div><p>Revenue for the quarter climbed 20.5% to exceed NT$1 trillion for the first time.</p>
<div class="lb-trans"><p>该季度的收入增长 20.5%，首次超过新台币 1 万亿。</p>
</div><p>Looking ahead, TSMC said it expects capital expenditure of between $52 billion and $56 billion this year.</p>
<div class="lb-trans"><p>展望未来，TSMC 表示预计今年的资本支出将在 520 亿美元至 560 亿美元之间。</p>
</div><p>TSMC added that roughly 10% to 20% of its planned spending would be directed toward advanced packaging technology.</p>
<div class="lb-trans"><p>TSMC 补充说，计划支出的约 10% 至 20% 将用于先进封装技术。</p>
</div><p>That area has become a critical bottleneck for the industry, particularly for customers building complex AI systems that require sophisticated chip integration.</p>
<div class="lb-trans"><p>这一领域已成为行业的关键瓶颈，特别是对于构建复杂 AI 系统的客户，这些系统需要复杂的芯片集成。</p>
</div><p>While Nvidia has been one of the most visible beneficiaries of advanced packaging capacity, the investment also supports AMD’s expanding portfolio of data-centre processors and accelerators.</p>
<div class="lb-trans"><p>虽然 Nvidia 是先进封装能力最明显的受益者，但这一投资也支持 AMD 不断扩展的数据中心处理器和加速器组合。</p>
</div><p>The strong outlook from TSMC helped lift shares across the chip sector, reinforcing optimism that demand remains resilient despite broader market volatility.</p>
<div class="lb-trans"><p>TSMC 的强劲前景帮助提升了整个芯片行业的股票，增强了人们对需求在更广泛市场波动中依然强劲的乐观情绪。</p>
</div><h2>Wells Fargo doubles down on AMD stock</h2>
<div class="lb-trans"><h2>富国银行重申对 AMD 股票的看好</h2>
</div><p>Wells Fargo reiterated an Overweight rating on AMD stock and maintained a $345 price target, implying roughly 45% upside from the stock’s recent trading level near $237.60.</p>
<div class="lb-trans"><p>富国银行重申对 AMD 股票的超配评级，并维持 345 美元的目标价，意味着该股票从最近约 237.60 美元的交易水平上升约 45% 的空间。</p>
</div><p>Analyst Aaron Rakers cited AMD’s leadership in central processing units and its continued gains in the data-centre graphics processing unit market share as core pillars of the bullish thesis.</p>
<div class="lb-trans"><p>分析师 Aaron Rakers 指出，AMD 在中央处理器领域的领导地位以及在数据中心图形处理器市场份额的持续增长是看涨论点的核心支柱。</p>
</div><p>He pointed to the company’s Helios systems strategy and AI-focused product roadmap as positioning AMD to benefit from strong data-centre demand through 2026.</p>
<div class="lb-trans"><p>他指出公司的 Helios 系统战略和以 AI 为中心的产品路线图，使 AMD 能够受益于到 2026 年强劲的数据中心需求。</p>
</div><p>Wells Fargo highlighted AMD’s execution in CPUs as well as what it described as strengthening momentum in artificial intelligence workloads.</p>
<div class="lb-trans"><p>富国银行强调了 AMD 在 CPU 方面的执行力，以及其在人工智能工作负载中所描述的增强势头。</p>
</div><p>The firm said AMD’s roadmap is aligned with what it called “insatiable data centre compute demand,” which it expects to persist over the next several years.</p>
<div class="lb-trans"><p>该公司表示，AMD 的路线图与其所称的 “无法满足的数据中心计算需求” 相一致，预计这种需求将在未来几年持续。</p>
</div><p>While Wells Fargo sees substantial upside, the stock’s valuation reflects elevated expectations.</p>
<div class="lb-trans"><p>尽管富国银行看到显著的上行空间，但该股票的估值反映了较高的预期。</p>
</div><p>Analysts noted that AMD’s price-to-earnings multiple of around 116 suggests investors are already pricing in significant long-term growth.</p>
<div class="lb-trans"><p>分析师指出，AMD 约 116 倍的市盈率表明，投资者已经在定价显著的长期增长。</p>
</div><p>Wells Fargo said earnings per share could exceed $20 by 2029 if AMD continues to execute successfully on its AI and data-center strategy, though it acknowledged that near-term earnings remain well below that level.</p>
<div class="lb-trans"><p>富国银行表示，如果 AMD 继续成功执行其 AI 和数据中心战略，预计到 2029 年每股收益可能超过 20 美元，尽管承认短期收益仍远低于该水平。</p>
</div><h2>RBC takes a more cautious stance on AMD stock</h2>
<div class="lb-trans"><h2>RBC 对 AMD 股票采取更谨慎的态度</h2>
</div><p>Not all analysts are equally bullish. Earlier this week, RBC Capital Markets initiated coverage on AMD stock with a Sector Perform rating and a $230 price target, closely aligned with the stock’s current trading price of about $223.50.</p>
<div class="lb-trans"><p>并非所有分析师都持乐观态度。本周早些时候，RBC 资本市场对 AMD 股票启动了覆盖，给予行业表现评级和 230 美元的目标价，与该股票当前约 223.50 美元的交易价格紧密相关。</p>
</div><p>RBC acknowledged that AMD is making meaningful progress in the AI GPU market, particularly across major hyperscalers.</p>
<div class="lb-trans"><p>RBC 承认，AMD 在 AI GPU 市场上取得了显著进展，特别是在主要超大规模数据中心。</p>
</div><p>The firm highlighted AMD’s recent partnership with OpenAI as establishing the company as a credible supplier for gigawatt-scale AI projects.</p>
<div class="lb-trans"><p>该公司强调 AMD 与 OpenAI 的近期合作，使其成为千兆级 AI 项目的可信供应商。</p>
</div><p>Management’s confidence in initial 1-gigawatt rollouts was reflected in RBC’s forecasts.</p>
<div class="lb-trans"><p>管理层对初始 1 千兆瓦推出的信心反映在 RBC 的预测中。</p>
</div><p>However, the firm cautioned that AMD’s first rack-scale design, Helios, while promising, carries typical execution risks associated with large, complex system deployments.</p>
<div class="lb-trans"><p>然而，该公司警告称，AMD 的首个机架级设计 Helios 虽然前景良好，但存在与大型复杂系统部署相关的典型执行风险。</p>
</div><p>The post AMD stock soaring over 6% today: why analyst sees over 40% upside ahead appeared first on Invezz</p>
<div class="lb-trans"><p>关于 AMD 股票今天上涨超过 6% 的文章：分析师为何认为未来有超过 40% 的上行空间，首次出现在 Invezz 上。</p>
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AMD stock soaring over 6% today: why analyst sees over 40% upside ahead

- AMD 股票在周四上涨超过 6%，受益于 Wells Fargo 的看好评价。
- TSMC 报告超预期业绩，推动半导体行业整体反弹。
- Wells Fargo 维持 AMD "超配"评级，目标价为 $345，暗示 45% 上涨空间。

AMD 股票今日上涨超过 6%：分析师为何预计未来有超过 40% 的上涨潜力