AMD Stock Jumps 6% as Upgrade, New GPU and Quantum Deal Hit

TLDR AMD stock rose about 6% Thursday and is up 23% this week through Wednesday’s close. William Blair upgraded AMD to Outperform from Market Perform. AMD launched the Instinct MI450X GPU and announced a PsiQuantum partnership. Bank of America raised its AMD price target to $700 from $650. Nvidia stock fell about 5% after CEO [...]

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