$Advanced Micro Devices(AMD)$

$Advanced Micro Devices(AMD)$ AMD got a price target upgrade to $710 from $575, with an Outperform rating. The call is from CLSA's analyst Bhavtosh Vajpayee. He now sees $20 EPS at AMD likely in 2027 instead of 2030, which is around 30% above consensus. He also thinks $50,000 per MI455X GPU, roughly twice what was previously estimated. A very bullish upgrade and notes.

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