AMD Stock Rises on Price Target Increases and Microsoft Partnership
Advanced Micro Devices (AMD) stock rose more than 3% after Rosenblatt and UBS raised price targets, alongside a partnership with Microsoft to use AMD's Helios AI platform for Azure workloads. The news comes ahead of AMD’s Advancing AI conference where CEO Lisa Su is expected to outline product updates.
Tickers: $AMD $META $MSFT $ORCL
Topics: AI platform AMD Helios Microsoft partnership Rosenblatt UBS