Advanced Micro Devices (AMD) Stock Rises on Analyst Upgrade and Strategic Deal
Advanced Micro Devices (AMD) stock surged by up to 8.2% on Thursday, driven by a positive analyst report from Bernstein. The analyst raised AMD's price target to $265 and highlighted the company's shift toward higher-margin server and data center chips, as well as its deal with Meta Platforms. The stock has risen 189% over the past year.
Tickers: $AMD $INTC $META $NVDA
Topics: AI chips analyst commentary semiconductor industry stock price movement