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Oppenheimer raises AMD to Outperform, sees data center sales more than doubling

By ChordNews · First written (new coverage )

Oppenheimer lifts AMD to Outperform, sees data center sales more than doubling
Image: investing.com
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Summary

Oppenheimer has upgraded AMD to Outperform, and Investing.com reports that the firm expects the chipmaker's data center sales to more than double. Seeking Alpha reports the same upgrade under a headline saying AMD's sales continue to accelerate despite constraints. Only headlines were available for both reports, so details such as a price target, timeframe or the firm's reasoning are not included.

This continues an earlier story: AMD beats estimates as data center revenue nearly doubles on AI chip demand

Timeline

  1. Investing.com

    Source ↗

    Investing.com reports that Oppenheimer lifted AMD to Outperform and sees its data center sales more than doubling.

  2. Seeking Alpha

    Source ↗

    Seeking Alpha reports that Oppenheimer upgraded AMD, saying its sales continue to accelerate despite constraints.

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