Its recent deal with OpenAI adds weight to the view that AMD stock could still double in value. But this isn’t about taking share from NVIDIA—analysts at Wedbush estimate demand is outstripping supply ...
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AMD’s OpenAI Deal Pushes Stock To ‘Extremely Overbought’ Zone: Why Analysts, Retail Predict More Upside From Here
Most analysts viewed the OpenAI deal as signaling the potential broader adoption of AMD’s AI chips across OpenAI’s cloud service provider partners and among other players.
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