According to StockMKTNewz on Twitter, Piper Sandler has raised its price target for AMD (NASDAQ:AMD) from $125 to $140, while maintaining its Overweight rating (source: StockMKTNewz, June 16, 2025). This bullish adjustment reflects growing confidence in AMD’s earnings potential, particularly in the AI and semiconductors sectors that directly influence GPU demand. For crypto traders, this move signals potential continued strength in the hardware supply chain, possibly supporting further innovation and efficiency in cryptocurrency mining and blockchain applications that use AMD GPUs.