Reported 2 months ago
Ahead of its 'Advancing AI' event on Thursday, Advanced Micro Devices (AMD) is in the spotlight, with analysts expressing optimism about the stock's potential rise following expected product announcements. Visible Alpha reported 13 'buy' ratings and three 'hold' ratings for AMD shares, which are currently up over 15% this year. Analysts predict that new AI products could enhance AMD's position in the competitive AI accelerator market against Nvidia.
Source: YAHOO