Citi Upgrades AMD Stock Rating to 'Buy' Due to Potential Growth in Meta GPU Sales
On June 17, Citi analyst Atif Malik upgraded Advanced Micro Devices (AMD) stock rating from 'Neutral' to 'Buy', citing strong potential for growth driven by increased GPU sales with Meta Platforms. The upgrade also highlights AMD's expanding presence in the CPU market and a strategic partnership that could lead to significant revenue.
Topics: AMD Citi analyst upgrade GPU sales Meta