Navigation

© Zeal News Africa

AMD stock prediction up to $175: Bank of America just gave AMD a massive upgrade - here's why the stock could soar 35% - The Economic Times

Published 9 hours ago1 minute read
Bank of America just gave AMD a massive upgrade — here’s why the stock could soar 35%
Global Desk

Bank of America AMD stock upgrade is turning heads as the chipmaker gains serious traction in the booming AI space. AMD's data center sales surged 57% to $3.7 billion, and with the U.S. now allowing AI chip exports to China, Bank of America raised AMD’s price target from $130 to $175. The powerful MI300 chips and the newly launched MI350 series are fueling AMD’s rapid rise. With support from big players like Meta and TensorWave, AMD is becoming a major AI infrastructure force. Dive in to see why AMD’s bold new chapter could reshape the AI chip market.

, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.)

Download The Economic Times News App to get Daily International News Updates.

...moreless

Stories you might be interested in

Origin:
publisher logo
Economic Times
Loading...
Loading...
Loading...

You may also like...