AMD INTC ARM BOFA LIFTS CPU MARKET FORECAST ON AI DEMAND Bank of America raised its 2030 server CPU total addressable market forecast to over $170 billion from $125 billion, citing agentic AI as a major demand driver. Analyst Vivek Arya said AI systems that plan and execute multi-step tasks will boost CPU usage alongside accelerators. BofA also raised price targets for AMD, ARM, and Intel, pointing to stronger long-term semiconductor growth and chip demand expansion.(*Walter Bloomberg)