AMD (NASDAQ: AMD) stock rose in sympathy with Nvidia (NASDAQ: NVDA) after its strong Q4 results and guidance. US-China tensions continue to affect chipmakers.
Advanced Micro Devices, Inc (NASDAQ:AMD) stock is trading higher Thursday as the artificial intelligence frenzy continues. UBS analyst Timothy Arcuri raised his estimates and price target on the stock. The tactical setup around earnings is complicated somewhat by the recent rally, the analyst writes. Nonetheless, the analyst is more confident in AMD’s data center GPU revenue opportunity and is significantly raising his calendar years 2024 and 2025 estimates and price target to $220. Recent chann
Rosenblatt Securities analyst Hans Mosesmann reiterated a Buy rating on Monolithic Power Systems, Inc. (NASDAQ: MPWR), raising the price target