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AMD Surges as Analysts Hike Targets on Strong AI CPU Datacenter Growth

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Raymond James upgraded AMD to Strong Buy with a $641 price target, projecting it will surpass Intel in CPU market share by 2027.
  • Multiple analysts highlighted AMD's expanding AI rack infrastructure and strong positioning to capture growing agentic AI datacenter demand.
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AMD price history

545.09 +148.04% over the displayed period

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