Superior Micro Gadgets (AMD) is slated to report quarterly outcomes after the closing bell Tuesday, and several other analysts have lowered their value targets in latest weeks within the wake of tighter restrictions on U.S. chip exports to China. 

Financial institution of America Securities not too long ago dropped value goal to $105 from $110, calling the brand new licensing necessities from the Trump administration an “efficient cargo ban” on AMD’s MI308 chips. AMD warned final month that the transfer might end in fees of $800 million if it is not in a position to safe a license. Competitor Nvidia (NVDA) has in the meantime stated it faces a possible $5.5 billion cost associated to its H20 chip.

Deutsche Financial institution analysts in late April minimize their AMD value goal to $105 from $120, whereas Wedbush Securities across the similar time moved to $115 from $150. 

The consensus value goal of analysts following AMD who’re tracked by Seen Alpha is $123.50, a 25% premium over Friday’s closing value of $98.80. Out of 12 tracked analysts, six price the inventory a “purchase,” in contrast with 5 “maintain” rankings and one “promote.” AMD inventory has misplaced practically a fifth of its worth in 2025. 

AI Spending a Optimistic Signal, Citi Says

Regardless of the unsure tariff atmosphere, Citi analysts wrote Thursday, «it seems that spending for AI continues to be unabated.» Meta Platforms (META) this week stated it plans to lift its capital expenditures this yr to $64 billion to $72 billion to construct AI infrastructure, whereas Microsoft (MSFT) and Google mother or father Alphabet (GOOGL) reiterated AI spending targets of $80 billion and $75 billion, respectively.

«AI infrastructure buildouts stay as key priorities for hyperscalers with the businesses’ willingness to soak up the prices of tariffs,» Citi stated. «We view this as constructive for AI-exposed shares,» together with AMD, they wrote.

Analysts expect AMD to report first-quarter income of $7.13 billion, up 30% year-over-year, alongside adjusted earnings of $1.55 billion, or 94 cents per share, greater than 50% greater than the year-ago quarter. Knowledge heart gross sales are anticipated to climb 55% to $3.63 billion.