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Stock impact report

Advanced Micro Devices (AMD)'s Got Great Performing AI Chips, Says Jim Cramer [Yahoo! Finance]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: Yahoo! Finance
Advanced Micro Devices, Inc. (NASDAQ:AMD) crossed Jim Cramer's radar as he discussed AI chip giant NVIDIA. Along with NVIDIA, the firm also provides AI chips that are called accelerators. On December 22nd, Rosenblatt pointed out that server shipments confirmed Advanced Micro Devices, Inc. (NASDAQ:AMD)'s server CPU total addressable market estimates of $60 billion by 2030. However, in the same month, Trust had cut the share price target to $277 from $279 as it kept a Buy rating. The financial firm explained that Advanced Micro Devices, Inc. (NASDAQ:AMD) might suffer from some near-term headwinds affecting the AI buildout in the form of power and other constraints. As for Cramer, he has mostly been appreciative of the firm's M Series products and gone as far as to suggest that market watchers had ignored Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa Su's assertions about their performance. In this appearance, he discussed the memory chip industry: “Oh, I mean Lisa's got the real Show less Read more
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