Stifel Resets AMD Price Target for Rest of 2026 Advanced Micro Devices (AMD) is facing renewed optimism from Wall Street as Stifel upgraded its price target for the stock, signaling confidence in the chipmaker’s ability to capitalize on growing demand for AI-driven computing. The investment bank raised its price target to $320 from $280, maintaining its “buy” rating, which implies a potential 17% upside from current levels over the next 12 months. This move positions Stifel’s target well above the broader analyst consensus of $291.52, making it one of the more aggressive calls among the 37 analysts currently recommending a buy on AMD shares. The upgrade is driven by two key factors: surging AI-driven compute demand and AMD’s secured customer commitments. Stifel analyst Ruben Roy, ranked eighth among Wall Street analysts, highlighted that AI-driven demand is outpacing forecasts across both accelerated and general-purpose architectures. He noted that AMD’s strategic partnerships with major clients like Meta and OpenAI are critical to the outlook, citing multi-gigawatt commitments from these firms as a key support for the higher target. Roy also pointed out that AMD’s long-term earnings target of $20+ per share may now be conservative, given the recent Meta deal, which he described as a “floor rather than a ceiling” for the company’s growth potential. Stifel’s aggressive stance contrasts with the broader market, though it is not alone in its optimism. Bank of America also raised its AMD target to $310 from $280, with analyst Vivek Arya estimating that every gigawatt of installed AI capacity could generate $15 to $20 billion in net revenue for AMD. Arya projected data-center growth to exceed 60% year over year in both 2026 and 2027.#meta #openai #advanced_micro_devices #stifel #ruben_roy
Gillette College Board Approves Enzi Center Contracts, Highlights Enrollment Updates The Gillette Community College District Board of Trustees convened on March 25 at the Gillette College Technical Education Center to discuss new building projects, accreditation status, and recent state funding adjustments. The board approved the meeting agenda, which included a spending report for MOA Architecture, and ratified consent items such as minutes from the February 18 meeting, a staffing report, and financial statements for February. A resolution was also passed designating April 2026 as Gillette Community College Month to honor the institution’s role in workforce training and its service to Campbell County. Key developments regarding the Enzi Applied Learning Center were addressed, with the board signing a Construction Manager at Risk contract with Sampson Construction. Additional services from MOA Architecture were approved to handle construction documentation through project completion, with a total cost of up to $1,988,960, plus $95,000 for related expenses. Stifel was selected as the bond underwriter at $3.50 per bond, a more cost-effective option compared to other proposals. The board also reviewed an updated maintenance policy that restricts spending without board approval, ensuring the main fund remains intact while utilizing only interest earnings. President Dr. Janell Oberlander announced that the college’s accreditation response had been accepted, with a hearing scheduled for April 14. Tuition increases were approved for the upcoming academic year, with in-state students facing a $7 per credit hike and out-of-state students seeing a $21 increase, marking the first tuition adjustment in five years.#gillette_community_college_district #moa_architecture #sampson_construction #stifel #tiffany_enamorado
