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AMD Stock Receives Bullish ’Buy’ Rating with $290 Price Target Amid AI Sector Advancements

AMD Stock Receives Bullish ’Buy’ Rating with $290 Price Target Amid AI Sector Advancements

Author:

Global Cryptocurrency

Published:

2025-12-03 15:25:01

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BTCCSquare news:

Advanced Micro Devices (NASDAQ: AMD) has surged nearly 79% year-to-date, rebounding from a Q1 dip to $80 after Trump-era market volatility to $215 this week. TD Cowen analyst Joshua Buchalter cites AMD's AI breakthroughs—particularly the upcoming Helios rack-scale system paired with MI450 chips—as key drivers for outperforming rivals like Nvidia, which faces export restrictions in China.

The $290 price target implies a 35% upside, turning a $1,000 investment into $1,350 if realized. AMD's positioning at the intersection of GPU innovation and AI infrastructure marks an inflection point, with Wall Street betting on its capacity to redefine sector leadership.

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