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Citi Crowns AMD as Surprising Leader in Semiconductor Space Amid AI Boom

Citi Crowns AMD as Surprising Leader in Semiconductor Space Amid AI Boom

Author:

Global Cryptocurrency

Published:

2025-11-19 06:43:02

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BTCCSquare news:

Citi has identified Advanced Micro Devices (AMD) as the new leader in the semiconductor sector, surpassing rivals like Nvidia (NVDA) and Broadcom (AVGO). The firm cites AMD's bold $1 trillion compute market strategy and projected 35% revenue CAGR as key drivers of investor confidence. Analysts highlight its positioning in AI servers and data centers as a competitive edge.

Nvidia retains its status as an AI heavyweight but loses its top-pick designation due to valuation concerns. Broadcom faces scrutiny over growth visibility, while Intel (INTC) shows early signs of sentiment recovery. The chip sector remains bifurcated, with AMD's earnings growth outlook now the most robust among peers.

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