US EditionWall Street analyst predicts 50% upside for this Nvidia rival
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Wall Street analyst predicts 50% upside for this Nvidia rival
Bernstein has raised its price target on Advanced Micro Devices (NASDAQ: AMD) to $140 from $95, citing the company’s growing role in the artificial intelligence hardware race. While the new target is below AMD’s current share price of $153.48, it represents a 47.4% increase from Bernstein’s previous projection. As of press time, the stock was down 2.2%, though it remains up 27% year-to-date. AMD one-week stock price chart. Source: Finbold Despit…
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