AMD Stock Surges 60% Amid Chiplet Revolution and AI Boom

1 min read
Source: TipRanks
AMD Stock Surges 60% Amid Chiplet Revolution and AI Boom
Photo: TipRanks
TL;DR Summary

AMD's stock has risen 6% this year due to strong Q1 results and new AI offerings, but Wall Street remains cautious with an average price target indicating limited upside. Analysts are mixed, with some optimistic about product launches and long-term potential, while others see limited near-term gains and prefer Nvidia. Overall, AMD is viewed as a moderate buy with a slight potential for growth.

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