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The chipmaker recently reached a partnership with Saudi Arabian AI startup Humain to help build a $10 billion AI-computing ...
AMD's stock surges 21% in past month on $6 billion buyback plan, recent wins and strong technical signals, with more ...
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24/7 Wall St. on MSNAMD Gets Big Boost from Saudi and Amazon InvestmentsDoug and Lee highlight AMD’s (NASDAQ: AMD) growing appeal as a strong second to Nvidia in the AI chip market, driven by global investment, strategic partnerships, and positive institutional signals.
Assuming AMD trades at 27 times earnings after three years (in line with the Nasdaq-100's forward earnings multiple) and does hit the consensus earnings estimate, its stock price could jump to $188.
The technology sector is full of innovators that offer promising long-term prospects for investors, and that's why it can be beneficial to invest in tech leaders when their share prices are down.
The stock trades at just 21x those EPS targets, with vastly higher growth rates targeted without AMD forecast to see a big AI boost in sales. The upside remains for AMD to produce far higher ...
Despite a weaker-than-expected outlook, Advanced Micro Devices noted soaring demand for its AI chips. (Bloomberg News) Advanced Micro Devices reported a sharp rise in quarterly sales driven by ...
Advanced Micro Devices (AMD) and International Business Machines ... Top Stocks Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter Investors should note ...
AMD's previous investments include cloud providers such as TensorWave, which also provides an AI cloud service. In August, AMD acquired data-center equipment designer ZT Systems for nearly $5 billion.
With shares up by over 20% year to date, Advanced Micro Devices (NASDAQ: AMD) stock has hit the ground ... which could boost near-term revenue and profits. But what could the long-term hold?
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