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Buy AMD shares, because the chipmaker can compete against Nvidia in A.I., analyst says Rosenblatt Securities raises its price target to $40 from $30 for AMD shares, citing the chipmaker's process manufacturing lead versus Nvidia. The new forecast represents 34 percent upside to Monday’s closing price and is the highest target of the 24 analysts who cover AMD on Wall Street, according to FactSet. cnbc.com
Jefferies says AMD could triple its market share due to Intel's supply problem cnbc.com As a result, the analyst predicts AMD may be able to triple its market share to 30 percent of the processor market from 10 percent today.
Analyst downgrades AMD shares, saying its soaring stock now 'reflects irrational expectations' Northland Capital Markets lowers its rating to market perform from outperform for AMD shares, predicting Intel will eventually improve its chip offering. “We think the [AMD] shares price reflects irrational expectations," the firm's analyst Gus Richard says. cnbc.com