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Advanced Micro Devices, Inc. (NASDAQ:AMD) has emerged as a formidable player in the rapidly evolving artificial intelligence (AI) and high-performance computing markets. According to InvestingPro data ...

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Nvidia’s market cap has nearly doubled from the $1.2 trillion it notched a year ago and its stock skyrocketed about 170%.

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Advanced Micro Devices (AMD – Research Report) received a Hold rating and price target from Goldman Sachs analyst Toshiya Hari yesterday. The company’s shares closed last Wednesday at $121.84.

On Wednesday, HSBC analysts revised their outlook on AMD (NASDAQ:AMD) stock, downgrading it from Buy to Reduce and significantly adjusting the price target to $110 from the previous $200.