AMD Stock Surges 1.6% on Monday as Analysts Raise Price Targets and Microsoft Adopts Helios AI Platform

AMD1.62%
According to Yahoo Finance, AMD stock surged 1.6% on Monday (July 20) following analyst upgrades and Microsoft's announcement of adopting AMD's Helios AI platform for Azure cloud services. Rosenblatt raised its price target from $490 to $655, while UBS increased its target from $670 to $700. Currently, approximately 82.4% of analysts rate AMD as a buy, with the remainder maintaining hold ratings.
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