Reported 3 months ago
Following AMD's impressive second-quarter earnings report, analysts have adjusted their stock price targets. Despite being the second-largest vendor in data-center GPUs, AMD showcased significant revenue growth, particularly in its MI300 GPU and EPYC CPU sales. While some analysts downgraded their targets, others remain optimistic about AMD's performance despite ongoing competition with Nvidia, acknowledging the company's solid balance sheet and growth potential in the AI sector.
Source: YAHOO