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Advanced Micro Devices (NASDAQ:AMD) Shares Down 3.6% - What's Next?
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- Published
- Sep 28, 2026, 9:58 PM UTC
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Rosenblatt Securities restated a "buy" rating and issued a $700.00 target price on shares of Advanced Micro Devices in a research note on Tuesday.
AMD's 34% revenue surge and $6.7B free cash flow contrast sharply with SK Hynix's $31.4B net income, but their vastly different valuations tell competing stories about AI infrastructure's future.
AMD has a valuation problem that could limit further upside from here.