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Stock impact report

Advanced Micro Devices (AMD) Ties Up With Adeia in a Multi-Year IP License Agreement [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
On March 9, Adeia (ADEA) entered into a multi-year license agreement with Advanced Micro Devices (NASDAQ:AMD) to access Adeia's portfolio of semiconductor intellectual property. The agreement also settles all outstanding legal disputes between the companies. Photo by Jonas Svidras Unsplash The company is pleased to have entered into this agreement with Advanced Micro Devices (NASDAQ:AMD), which is a global leader in high-performance computing and semiconductor solutions. The settling of disputes will allow both companies to look forward and explore future collaboration opportunities in advanced semiconductor solutions. On February 25, Truist Securities maintained its Buy rating on Advanced Micro Devices (NASDAQ:AMD). The firm has projected a $283 price target on the shares following the company's newly announced partnership with Meta Platforms. AMD said the multi-year agreement will see Meta deploy up to 6 gigawatts of Instinct GPUs starting in the second half of 2026, includ Show less Read more
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