AMD Stock Price Target Adjustments Following AI Event

Reported about 11 hours ago

Analysts have mixed reactions to AMD's recent 'Advancing AI 2024' event, which showcased new products like the 5th Generation EPYC processors and MI325X accelerators. While expectations were initially high, many analysts noted a lack of surprises and have adjusted their price targets, with Oppenheimer expressing caution and Piper Sandler maintaining a positive outlook. Despite current stock performance issues, AMD's growth opportunities in the AI and data center markets remain promising.

Source: YAHOO

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