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Why Advanced Micro Devices Stock Just Popped

TheMotleyFool 
0 0 24.02.26
Why Advanced Micro Devices Stock Just PoppedPhoto, wide shot, wide-angle lens, soft focus, Networking equipment supplier, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-LvyAFCAMshu3rGBke5G5gxuI.png?st=2023-05-10T15%3A37%3A29Z&se=2023-05-10T17%3A37%3A29Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-10T02%3A36%3A27Z&ske=2023-05-11T02%3A36%3A27Z&sks=b&skv=2021-08-06&sig=nXxCmLby4SxAAd/YtNVxZStdXrs9BCydapQDQaR/oac%3D
 

Advanced Micro Devices (NASDAQ: AMD) stock surged 6.1% in the first 10 minutes of trading Tuesday (9:40 a.m. ET) after announcing an "expanded strategic partnership" with (NASDAQ: META):

Meta will buy 6 gigawatts-worth of AMD GPUs for artificial intelligence.

Image source: Getty Images.

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Source Fool.com

Advanced Micro Devices Inc. Stock

€423.30
12.790%
Advanced Micro Devices Inc. dominated the market today, gaining €48.00 (12.790%).
With 109 Buy predictions and 4 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 484 € shows a slightly positive potential of 14.34% compared to the current price of 423.3 € for Advanced Micro Devices Inc..
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