<div id="readability-page-1">Major target hike: Citi boosted AMD's price target to $460, citing a projected 35% annual growth in the CPU market through 2030. Market share outlook: Analysts expect AMD to secure 34% of the CPU market by 2030, with strong positions in AI and agentic CPUs. Growth drivers ahead: Upcoming AI products, data center expansion, and strategic investments like Marvell are seen as key to AMD's growth.</div>

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<p>Citi raised AMD's price target to $460, anticipating a 35% annual growth in the CPU market through 2030. Analysts project AMD will capture 34% of the CPU market, bolstered by strong positions in AI and agentic CPUs. Key growth drivers include upcoming AI products, data center expansion, and strategic investments like Marvell.</p>

- Citi has raised AMD's price target to $460, anticipating a 35% annual growth in the CPU market through 2030.  
- Analysts project that AMD will achieve a 34% market share in the CPU sector by 2030, especially excelling in AI technologies.  
- Key growth drivers for AMD include new AI products, data center growth, and strategic investments, such as those in Marvell.

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Citi lifts AMD target to $460 on soaring CPU market outlook