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AMD (AMD) Soars as Citi Upgrades Stock on Massive Meta AI Chip Deal

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The Story

News Summary

  • AMD shares jumped following a Citi upgrade to Buy with a $575 price target.
  • Analysts highlighted AMD's custom MI450 chips and a major supply deal with Meta Platforms, reinforcing its position as a viable secondary GPU source.
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AMD price history

496.65 +140.94% over the displayed period

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