Advanced Micro Devices (AMD): The Best Debt-Free American Stock to Invest In

Advanced Micro Devices (AMD): The Best Debt-Free American Stock to Invest In Jeff Lewis Wed, June 17, 2026 at 7:36 PM GMT+2 2 min read AMD Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 10 Best Debt-Free American Stocks to Invest In . On June 11, 2026, BofA raised the firm’s price target on Advanced Micro Devices, Inc.

(NASDAQ:AMD) to $560 from $500 and maintained a Buy rating on the shares. Following its analysis and recent industry discussions at the BofA Global Tech Conference, the firm raised its calendar year 2030 server CPU total addressable market forecast to more than $170B from $125B. BofA said this implies nearly five-times growth and a 37% compound annual growth rate over calendar 2025-30.

BofA said the emergence of agentic AI is a powerful demand accelerant that expands the CPU opportunity. A day later, Citi analyst Atif Malik upgraded Advanced Micro Devices, Inc. (NASDAQ:AMD) to Buy from Neutral with a price target of $575, up from $460.

Malik said the company’s graphics processing unit upside is not fully priced into the shares and that AMD is “emerging as a legit second source” in the GPU market. Citi also said AMD is well positioned to win the “lion’s share” at Meta, while the market still appears to be viewing the company largely as a central processing unit stock. Advanced Micro Devices (AMD): The Best Debt-Free American Stock to Invest In On June 8, 2026, Advanced Micro Devices, Inc.

(NASDAQ:AMD) announced plans to invest up to GBP 2B over the next five years in the United Kingdom to accelerate AI innovation and research and expand access to compute. CEO Lisa Su said AMD is deepening its commitment to the UK and working with partners across government, academia, and industry to expand access to compute infrastructure for sovereign AI, discovery, and long-term economic growth. Advanced Micro Devices, Inc.

(NASDAQ:AMD) operates as a semiconductor company internationally through its Data Center, Client and Gaming, and Embedded segments. While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the   best short-term AI stock .

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