AMD launches new AI chips to take on leader Nvidia

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CFRA Reiterates Buy Rating on AMD (AMD)

June 3, 2024 1:12 PM EDT

CFRA analyst Angelo Zino reiterated a Buy rating and $200.00 price target on AMD (NASDAQ: AMD).

The analyst comments "At Computex 2024, AMD provided greater insights across its AI hardware capabilities in both data center and PCs. On the accelerator side, AMD introduced an annual cadence... More