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Chip Stock Lands Upgrade on AI Prospects, Sentiment
超威半导体超威半导体(US:AMD) Schaeffers Investment Research·2025-08-26 20:58

The shares of Advanced Micro Devices (NASDAQ:AMD) are 2.8% higher to trade at 167.92beforethebell,afteranupgradefromTruistSecuritiesto"buy"from"hold,"andapricetargethiketo167.92 before the bell, after an upgrade from Truist Securities to "buy" from "hold," and a price target hike to 213 from 173.Thebrokeragesaidimprovingindustrysentimentandthecompany′sAIprospectswerethemaincatalystsforthebullnote.AMDhascooledoffsincetappinganAug.13,52−weekhighof173. The brokerage said improving industry sentiment and the company's AI prospects were the main catalysts for the bull note.AMD has cooled off since tapping an Aug. 13, 52-week high of 186.65, but the supportive $160 level captured its most recent pullback. The equity yesterday marked its seventh loss in ...