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AMD Rallies on Strong AI Server Demand and Raised Growth Outlook

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The Story

News Summary

  • Artisan Partners highlighted AMD as a top Q2 contributor, citing robust data center demand, beat-and-raise quarterly results, and an expanded long-term server CPU outlook driven by AI workloads.
  • Despite trimming exposure due to valuation discipline, the fund remains bullish on AMD's AI infrastructure positioning.
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AMD price history

493.41 +139.37% over the displayed period

Advisor Snapshot

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