$Advanced Micro Devices(AMD)$

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$Advanced Micro Devices(AMD)$ Lisa Su recently raised AMD's long-term outlook, saying the company now sees the overall market for high performance and AI computing growing around 40% annually over the next several years, approaching $2 trillion by 2030, with AMD expecting to grow well above the market.

AMD also now expects to significantly exceed its previous $20 annual earnings target.

Faster growth, a larger market, and higher earnings expectations typically support a higher share price.

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