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AMD Soars After Seaport Global Upgrade Citing Improved Supply Chain

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The Story

News Summary

  • Seaport Global Securities upgraded AMD to Buy with a $430 price target, citing improved CPU demand and enhanced chip supply from TSMC.
  • Analysts remain bullish on AMD's long-term AI infrastructure potential and market share growth, despite valuation concerns following the stock's recent rally.
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AMD price history

491.25 +138.32% over the displayed period

Advisor Snapshot

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