Major Bank Rating | Futurum: Raises AMD target price to $800, benefiting from the growing AI accelerator market size

```htmlGlonhui July 25｜Futurum Equities has raised AMD's target price to $800, representing around 48% upside potential compared to the current share price, and listed it as one of its most confident core investment targets. At the Advancing AI 2026 conference, AMD announced several major partnerships, reflecting the rapid expansion of the company's hardware ecosystem and the growing demand from customers. The most notable of these is a 2GW AI computing deployment collaboration with Anthropic, which increases the total scale of AMD's committed AI accelerator deployments to 14GW. Driven by continued purchases from large AI clients, Futurum forecasts that AMD's GPU revenue next year will reach $38 billion, with growth momentum coming from the sixth-generation EPYC Venice server processors and the Helios cabinet-level AI systems. The Helios platform generates 30% more tokens per dollar invested than competitors, helping to improve the inference efficiency of large AI models and enabling AMD to maintain a competitive advantage in the AI accelerator market. Futurum estimates that by 2030, the global AI accelerator addressable market will expand to $1.4 trillion, and AMD has established a comprehensive product lineup in GPUs, CPUs, and overall AI platforms, positioning itself to continue benefiting from industry growth.```