Forget Anthropic's IPO, I'm Buying AMD

What happened: A Seeking Alpha analyst reiterated a Buy rating on $AMD, citing the company's ties to Anthropic's IPO and a hardware supply agreement between the two. Key numbers: The analyst cites a $20B+ hardware supply agreement and a $725 end-2027 price target. Why it matters: The analyst states Anthropic's S-1 filing reduces counterparty risk and confirms a non-cancellable commitment to $AMD, and that $AMD avoids shareholder dilution by paying cash for equity. Coverage: 5 outlets in 24h

A Seeking Alpha analyst reiterated a Buy rating on $AMD, citing the company's ties to Anthropic's IPO and a hardware supply agreement between the two.

The analyst states Anthropic's S-1 filing reduces counterparty risk and confirms a non-cancellable commitment to $AMD, and that $AMD avoids shareholder dilution by paying cash for equity.