Advanced Micro Devices (AMD) has undergone significant shifts recently. Despite a
47% drop in stock value, some investors are becoming more optimistic, largely due to several strategic moves such as the expansion of the
share buyback plan by $6 billion and the formation of a
$10 billion global AI infrastructure expansion partnership with HUMAIN. The company received a
boost from Bank Of America that raised its target on AI deal momentum. Notably,
AMD's stock experienced skyrocketing momentum, particularly in pre-market trading. Nevertheless, some are concerned about the lacking growth, which might be explained by the
U.S.-China AI tensions that affect the chip outlook.
TD Cowen increased AMD's price target to
$115 due to strong performance and some analysts believe that it's among the best growth stocks. Also, it's been highlighted that AUGMENTED MICRO DEVICES is among AI stocks that will skyrocket.
AMD announced a new $6 billion share repurchase authorization. AMD's future is generally seen as bright, and the company is increasing its attention on advanced AI hardware.
Advanced Micro Devices AMD News Analytics from Tue, 15 Apr 2025 07:00:00 GMT to Sat, 17 May 2025 17:37:34 GMT -
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- Innovation 7
- Information 5
- Rumor 2
