AMD Stock Rallies as Bigger AI Opportunity Stuns Wall Street

TLDR AMD stock climbed about 5% to 7% after CFO Jean Hu raised the company’s 2030 market opportunity estimate to as much as $3 trillion. AMD previously cited a roughly $2 trillion opportunity, marking another upward revision to its long-term AI market outlook. The company also increased its 2030 server CPU market estimate to about [...]

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