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NVDA and AMD Soar as Bank of America Sees $170B AI Market Catalyst

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The Story

News Summary

  • Bank of America analysts project a $170 billion AI-driven server CPU market by 2030.
  • The brokerage raised price targets for AMD and Arm, while reiterating Nvidia as their top pick in the sector, citing the potential for CPUs to handle more complex AI workloads.
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AMD price history

516.13 +140.00% over the displayed period

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