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Citi Reiterates Buy Rating on AMD (AMD)

May 17, 2024 3:53 PM EDT

Citi analyst Christopher Danely reiterated a Buy rating and $176.00 price target on AMD (NASDAQ: AMD).

The analyst comments "AMD is trading higher today following a Reuters report (16-May-2024) that Microsoft will offer AMD's MI300 AI chips to its cloud customers alongside Nvidia's... More