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AMD Soars on AI and Quantum Computing Ambitions $AMD #stonks #investing #genbet
1 month ago
13
Advanced Micro Devices' stock soared after receiving a bullish outlook from Truist Securities, citing its strong AI capabilities and potential to surpass Nvidia in the data center market. The company has also made notable collaborations and innovations, including a quantum computing partnership with IBM and leaked UDNA graphics, positioning itself for fierce competition with Intel and Nvidia in the AI accelerator space.
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