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Wall Street Zen upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a research report on Sunday.
Advanced Micro Devices has joined the small group of chip companies with a US$1t valuation, after a very large 5 year share price gain. This puts sharper focus on whether the current price is adequately supported by the cash flows investors expect the business to produce. Over the past 5 years, AMD has returned about…
TradingKey - AMD posted record $11.5B revenue and $1.66 EPS, both beating estimates, yet shares fell ~7% toward $480. Q3 guidance of $13B tops Street. Buy the dip?