AMD at All-Time High - Advancing AI 2026 Event Could Support Trend Continuation!
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Advanced Micro Devices (AMD) develops and sells microprocessors, graphics chips, and chipsets for computers, servers, and gaming consoles. Analysts are raising price targets ahead of the Advancing AI 2026 event starting on July 22. The server CPU business grew by over 50% in the last quarter. Management has doubled its server CPU market forecast for 2030 to 120 billion USD. Results for the second quarter are expected to be announced after hours in August. The stock of Advanced Micro Devices (AMD) boasts a price performance of over 147%...
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