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AMD Stock Gains on Analyst Optimism and AI Product Momentum

AMD Stock Gains on Analyst Optimism and AI Product Momentum

Author:

Global Cryptocurrency

Published:

2025-10-24 10:35:02

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BTCCSquare news:

Advanced Micro Devices shares rallied Thursday as Rosenblatt Securities reiterated its $250 price target ahead of Q3 earnings. Analyst Kevin Cassidy anticipates a beat-and-raise quarter, citing robust demand for server and PC chips. AI products now comprise 21% of total revenue, reflecting accelerating data center investments.

A BIOS leak revealed development progress on AMD's Strix Point APU, potentially launching in late 2025. Market attention remains focused on Instinct GPUs and the Helios platform, both critical to AMD's AI infrastructure strategy. The stock has gained 90% year-to-date, with Wall Street maintaining 29 Buy ratings against 10 Holds.

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