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HomeMarket NewsAMD gets a big upgrade from Goldman Sachs following a blowout earnings report
Goldman Sachs upgrades AMD to buy, raises price target to $450, citing agentic AI tailwinds, stronger than expected Q1 and outlook, and forecasts $21.1 billion server CPU revenue by 2027.
Advanced Micro Devices has considerable room to run over the next year, largely due to structural agentic artificial intelligence tailwinds following a strong first-quarter report, according to Goldman Sachs.
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