Advanced Micro Devices introduced its Versal Premium Gen 2 Memory on Package (MoP) adaptive SoCs. These chips integrate up to 32GB of LPDDR5X memory into a single package. The new architecture delivers higher memory bandwidth while reducing physical board space requirements. These SoCs target data-intensive applications in AI, networking, aerospace, and defense.
Wells Fargo raised its price target for AMD to $615 from $505. Analysts cited strengthening demand and potential pricing upside for EPYC server CPUs. The firm maintained above-consensus revenue estimates for AMD data center GPUs. This revision reflects strong Wall Street confidence in the company's growth trajectory.