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AMD Surges on Raymond James Upgrade as Chip Stocks Rally Ahead of NVDA Earnings

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • AMD surged 3% following a Raymond James upgrade to Strong Buy with a $641 price target, citing AI server CPU growth.
  • Broader chip stocks, including Nvidia and Broadcom, also climbed ahead of Nvidia's critical quarterly earnings report amid widespread semiconductor sector momentum.
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AMD price history

516.13 +140.00% over the displayed period

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