AMD shares are trading higher after multiple analysts raised their price targets on the stock following yesterday's Data Center & AI Technology Premiere event. The stock fell on Tuesday following the event and has rebounded today. The stock is also trading higher following a report suggesting Amazon's cloud unit is considering using the company's AI chips.
Portfolio Pulse from Benzinga Newsdesk
AMD shares are trading higher after multiple analysts raised their price targets following the Data Center & AI Technology Premiere event. The stock fell on Tuesday but has rebounded today.
June 14, 2023 | 1:51 pm
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AMD shares are trading higher after analysts raised their price targets following the Data Center & AI Technology Premiere event.
AMD shares are trading higher due to multiple analysts raising their price targets on the stock after the Data Center & AI Technology Premiere event. This positive sentiment from analysts is likely to drive the stock price up in the short term.
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