Samsung Electronics and AMD Extend Strategic IP Licensing Agreement to Bring AMD Radeon™ Graphics to Future Mobile Platforms

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Advanced Micro Devices (AMD) trades at a discount compared to peers - Piper Sandler

April 10, 2023 10:48 AM EDT

Piper Sandler raised its price target on Advanced Micro Devices (NASDAQ: AMD) to $110 from $90 per share in a note Monday, maintaining an Overweight rating on the stock.

In a short note explaining the decision, analyst Harsh Kumar said the new price target reflects... More