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2023-12-14

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AMD 52 week high! Will AMD break all-time-high of $164?

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$Advanced Micro Devices(AMD)$ hit $135.04 yesterday, reaching 52 week high. The semiconductor company’s heat follow its AI chip competition with $NVIDIA Corp(NVDA)$ . AMD launched new AI chip - MI300X several days ago, claiming superior performance compared to Nvidia's current offering, the H100 chip. AMD is also expanding its XGMI technology (Infinity Fabric) to a broader scope, with $Broadcom(AVGO)$ announcing support for XGMI/Infinity Fabric in their upcoming PCIe switches. Analysts upgrades $Advanced Micro Devices(AMD)$ ‘s target price to $140-$150, with the highest PT of $190. When will AMD break its all-time-high of $164.46? What’s your target price for AMD? $150 or $190? Will AMD pull back after reaching 52 week high? Leave your comments and click “Also post“ to win tiger coins~~

AMD 52 week high! Will AMD break all-time-high of $164?

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