HSBC upgrades AMD to Buy due to 'AI GPU pipeline'

6 hours ago 2

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OpenAI CEO Sam Altman Testifies In Senate Commerce Committee Hearing On The AI Race

Advanced Micro Devices (NASDAQ:AMD) was upgraded to Buy from Hold by HSBC due in part to the pricing premium for the semiconductor company's new MI350 series versus competing offerings.

AMD jumped 4% during early market trading on Thursday.

The bank

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HSBC upgrades AMD to Buy due to 'AI GPU pipeline'

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