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AMD Stock Surges 7% on AI-Driven Growth Outlook, Analysts Divided

AMD Stock Surges 7% on AI-Driven Growth Outlook, Analysts Divided

Author:

Global Cryptocurrency

Published:

2025-11-12 23:23:02

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Advanced Micro Devices shares rallied over 7% as CEO Lisa Su projected 35% annual revenue growth through 2028, fueled by booming demand for AI chips. The company doubled its total addressable market estimate for AI silicon to $1 trillion by 2030 during its Financial Analyst Day.

While Wells Fargo, Evercore and Mizuho raised price targets citing AMD's data center potential, Deutsche Bank and Morgan Stanley maintained Hold ratings. Analyst Ross Seymore acknowledged AMD's "constructive" AI roadmap but retained neutrality, reflecting caution about execution risks in the hypercompetitive semiconductor space.

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