Citi analyst Atif Malik upgraded AMD stock from Neutral to Buy, raising the price target from $460 to $575. The upgrade reflects optimism not only about AMD's central-processing units but also its growing potential in graphics-processing units. This broader focus suggests AMD's value extends beyond just CPUs, which could drive further stock gains.
US stock futures are volatile due to hopes of an Iran peace deal lifting oil sanctions and SpaceX's historic $75 billion IPO debut on Nasdaq. The Iran deal optimism is lowering oil prices, boosting travel stocks while pressuring energy shares. SpaceX...
Citi analyst Atif Malik upgraded Advanced Micro Devices (AMD) stock from Neutral to Buy and raised the 12-month price target from $460 to $575 after a strong rally. The upgrade reflects AMD's growing role as a key GPU supplier for the AI boom and pot...
Retail investors are selling shares in leading AI-related semiconductor companies such as Micron Technology and Advanced Micro Devices to raise cash for the upcoming SpaceX IPO, which is set to be the largest in history at $75 billion. This selling p...
US stock markets rallied strongly after President Trump called off planned airstrikes on Iran, easing geopolitical tensions. The Dow Jones rose 929 points (1.9%), with the S&P 500 and Nasdaq also gaining 1.8% and 2.5%, respectively. This move followe...
AMD's stock price has doubled in five months due to strong AI demand, with data center revenue up 57% year over year. The company leads in AI server chips and GPUs, securing major contracts with Meta, OpenAI, and Oracle. Despite robust revenue growth...
