This chipmaker is catching up to Nvidia and can soar 45%, HSBC says

AMD, IBD Stock Of The Day, Ready To Challenge Nvidia

AMD is the IBD Stock Of The Day as the chipmaker catches up with rival Nvidia with its latest processors for artificial intelligence.

This chipmaker is catching up to Nvidia and can soar 45%, HSBC says

Analyst Frank Lee upgraded the chipmaker to buy from hold with a revised price target of $200.

CWEB Business News HSBC Upgrades AMD to "Buy," Stock Jumps 4% on AI Growth Optimism

HSBC has upgraded Advanced Micro Devices (NASDAQ: AMD) from “Hold” to “Buy,” raising its price target to $200 amid growing confidence in the company’s artificial intelligence (AI) capabilities. The bullish outlook sent AMD shares soaring more than 4% in today’s trading session, as investors reacted to the bank’s revised expectations for the chipmaker’s AI-driven revenue. […]

Wall Street Sees 46% Upside for This Chipmaker - Wall Street Pit

Advanced Micro Devices (AMD) saw its stock rise over 4% to $144.16 this morning, fueled by growing market confidence in the company’s AI-driven semiconductor advancements. HSBC and Melius Research upgraded AMD to 'Buy' with price targets of $200 and $211, respectively, citing its robust AI product pipeline and potential for…