Bank of America Updates AMD Stock Price Target Amid Strong Performance
Bank of America has revised its price target for Advanced Micro Devices (AMD) following a 42% surge in its stock over the past month. The firm highlights the growing importance of CPUs in AI data centers, which is boosting AMD's growth outlook. The update comes ahead of AMD's earnings report on May 5.
Topics: AI Data Centers AMD Analyst Forecast Bank of America CPU Demand Stock Price Target